UPS said it is selling its freight unit for $800 million to Canadian trucking company TFI International Inc. as part of its “better not bigger” strategy. UPS Freight, which trucks bulk shipments from ...
FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded less-than-truckload carrier in North America in the process ...
UPS and Waymo are teaming up to test autonomous freight trucks. WALMART ROLLS OUT DRIVERLESS TRUCKS FOR DELIVERIES OF ONLINE ORDERS The Alphabet-owned self-driving vehicle startup will conduct trial ...
FedEx Corp.’s freight unit is putting workers on furlough in some U.S. markets, adding to mounting evidence of a cargo slowdown as the company joins other large employers trimming their ranks. The ...
Uber Technologies Inc. is considering selling its freight logistics unit as a separate publicly traded firm and is already discussing with potential advisers regarding its options. This is an effort ...