Increase in usage of telematics in the automotive sector and ease in diagnosis of vehicles drive the global connected truck market growth.

The company has been under pressure to unlock shareholder value and streamline operations.

By Abhijith Ganapavaram (Reuters) -FedEx's decision to spin off its freight trucking unit will strengthen that business while allowing the parcel delivery giant to better tackle challenges in its ...

Blair County Planning Commission members Thursday gave a favorable review to plans for A. Duie Pyle to construct a new trucking facility along Cottontown Road in the Marasco Business Park in ...

The spin-off will be completed within 18 months, which some analysts say will allow FedEx to cut risks and separate the business when freight demand is favorable. The resulting public company will ...

FedEx announced the much-anticipated spinoff of its freight trucking division today, as it restructures its operations to focus on its core delivery business. Shares jumped about 9% in after-hours ...

Did you know the trucking industry in the United States is short over 80,000 drivers? This huge shortage shows how critical ...

The trucking industry is expected to slowly improve next year even as market headwinds and uncertainty leaves many unknowns heading into 2025.

It also has made the trucking industry exciting from so many aspects: engineering, business challenges, marketing, etc. The ...

Less demand equals less freight," said Jason Miller, interim chair of the department of supply-chain management at Michigan State University's business ... of next year. Trucking accounts for ...