FedEx (FDX) holds steady despite freight market slowdown Markets December 20, 2025 FedEx Company’s (NYSE: FDX) second-quarter report underscored its resilience in a difficult market surroundings characterised by uneven demand, tariff tensions,…
Red Sea attacks: Ocean freight rates, shipping firms’ valuations sail higher Markets December 22, 2023 cinoby Ocean freight charges have shot up, whereas delivery firms’ valuations are on the rise as extra ships keep away…
Flexport acquires the tech stack of shuttered digital freight startup Convoy; a source says Convoy CEO Dan Lewis will join Flexport as part of the deal (Theo Wayt/The Information) Technology November 2, 2023 Theo Wayt / The Info: Flexport acquires the tech stack of shuttered digital freight startup Convoy; a supply says Convoy…
Symbotic climbs to top industrial gainer of week, freight companies among losers Markets June 10, 2023 onurdongel/E+ through Getty Photos For the week ending June 9, the Industrial Choose Sector (XLI) gained (+1.45%) and was among…
igst: IGST on ocean freight likely to be scrapped Finances August 22, 2022 The federal government is contemplating scrapping built-in items and repair tax (IGST) on ocean freight and a proposal is prone…