[Stay on top of transportation news: Get TTNews in your inbox.] FedEx Corp. and UPS Inc. warned of potential delays in package deliveries as the couriers grapple with the impact of a massive IT failure that is upending markets and crippling companies ...

It has been a challenging period for the package delivery industry. To unlock more value, FedEx plans to spin off its freight business. UPS is an exciting turnaround play, and its stock offers a high yield. Both companies have been under pressure in an ...

UPS (NYSE: UPS) and FedEx (NYSE: FDX) are two of the largest logistics giants that act as middlemen for global commerce. They deliver products people buy online, and with consulting giant McKinsey projecting 7%-9% annual growth through 2040 for the e ...

Customers are looking more deeply at their surcharge spend levels following a record-high quarter for ground delivery costs, per the TD Cowen/AFS Freight Index.

FedEx lowered its full-year guidance amid weakness in the industrial economy and declining delivery volumes in the U.S. There's pressure on margins as customers are shifting to lower-cost delivery options. UPS and FedEx will likely recover but must muddle ...