FedEx Express (NYSE: FDX) will invest in 20 more cargo jets as e-commerce continues to drive global growth for the parcel sector. Chief Operating Officer Raj Subramaniam said during Thursday’s briefing on the company’s quarterly results that FedEx is exercising…
On today’s episode, Dooner and The Dude are talking about the logistics behind staging rockets with Tony Sabatino, lead crane technician/operator, and Ray Zink, manager of spaceflight technical operations for Jacobs. “The Witty Farmer” Jenny Sauer-Schmidgall shares how she’s built…
FedEx Corp. (NYSE: FDX) officials on Thursday said that overflow shipments from a saturated truckload market contributed to record fourth-quarter results for the less-than-truckload unit but blamed a messy service suspension for some customers on rivals’ earlier cancellations that dumped…
The Korean War began on June 25, 1950, 71 years ago today. It is often termed “the Forgotten War” in the United States. Coverage of the conflict was censored and decades later it is largely overshadowed by World War II…
With 10 gigawatts of renewable energy globally, Amazon just became the “largest corporate buyer of renewable energy” in the U.S. and the world. In a race to get to net-zero emissions, meet sustainability targets and move away from fossil fuels,…
Every Friday, FreightWaves takes a look at the past week or so in social media, highlighting trucking, transportation and weather. This week features a dust storm smothering part of Idaho, a booming Navy test of an aircraft carrier and a…
Asset-light trucking and logistics provider Forward Air (NASDAQ: FWRD) announced Friday that Rebecca Garbrick will become the company’s CFO and treasurer effective July 4. Garbrick joined Forward in November as VP and controller. She was named chief accounting officer in…
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With more people returning to traveling all across the country, many airlines are finding themselves short-staffed and struggling to keep up with demands. This is leading to flight delays, cancellations, frustrated passengers and delayed freight. FreightWaves’ Anthony Smith and Zach…
Logistics payment software RoadSync announced Thursday it has raised $30 million in Series B funding led by Tiger Global with participation from Base10 Partners, Hyde Park Venture Partners and its new investor, Gaingels. The company has raised $38.3 million since…
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