TFM Announces Acquisition of National Traffic Service Inc.
Target Freight Management Announces Acquisition of National Traffic Service Inc.
PITTSBURGH, PA – October 28, 2019 – Target Freight Management, Inc. (TFM), announced today its acquisition of National Traffic Service Incorporated (NTS), a freight auditing and payment service. The acquisition will better serve the end-to-end logistical needs of TFM’s less-than-truckload, full truckload,...
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UPS Q3 Earnings 2019
Q3-2019 UPS Inc. Earnings Call
Revenue for 2nd Quarter rose 5% to $18.3 billion.
Total Operating Profit grew 23% with growth in all segments.
Net Income was $1.75 Billion.
Operating Margin increased 170 basis points to 8.17%.
U.S Daily Volume was up more than 9%.
US Domestic Segment
Highlights:
Next...
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2019 Peak Surcharges
2019 Peak Surcharges: FedEx and UPS
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FedEx Q1 2020 Earnings
FedEx Q1 2020 Earnings
First quarter results were impacted by several factors:
Weakening global trade and industrial production.
Shift from heavier weight and faster service to lighter weight with lower price services.
Ground expansion of operations to six days per week.
The loss of volume from Amazon.
Increased operating costs...
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FedEx Announces 2020 General Rate Increases
FedEx Announces 2020 General Rate Increases
FedEx Express shipping rates will increase by an average of 4.9% for U.S. domestic, U.S. export and U.S. import services.
FedEx Ground and FedEx Home Delivery shipping rates will increase by an average of 4.9%. FedEx SmartPost shipping rates also will increase....
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