Amazon is expanding Prime Air drone delivery to nearly 500 U.S. cities and towns as the retailer battles Walmart and FedEx over ever-faster shipping.

A new round of layoffs and closures is hitting thousands of workers across manufacturing, distribution, warehousing, trucking and parcel networks. The post Freight Distress Report: More than 7,000 jobs cut in new wave of closures appeared first on FreightWaves.

Aurora Innovation operates the only driverless Class 8 trucks running at scale on U.S. public roads, and that monopoly position is drawing serious attention from some of the heaviest hitters in freight and tech.

As enterprise retailers add regional carriers, 3PLs and gig couriers, Burq is pitching one layer to route, monitor and redispatch every order before the delivery promise breaks. The post Burq bets on the last-mile decision layer as giants retreat appeared first on FreightWaves.

FedEx stock has delivered an 86.0% return over the past year, while the Discounted Cash Flow (DCF) intrinsic value estimate currently indicates the shares trade at a 33.6% discount to that estimate. This points to a company that still screens as undervalued despite a strong run. Over the last 12 months, FedEx has returned 86.0%, which puts the recent share price firmly in focus for investors assessing how much upside, if any, remains. The push to automate parts of the network with robotic...

DoorDash’s 33.7% return over the past six months has outpaced the S&P 500 by 20.5%, and its stock price has climbed to $217.00 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.

"The bottom line is that the US economy continues to be supported by a growing set of tailwinds."

For decades, FedEx built out one of the country's largest delivery networks as Americans sent and ordered more packages. Now the delivery giant is rebuilding parts of that network from the inside out. Facilities that once operated separately are being combined, routes have been redesigned, and some ...

Walmart and more stocks will feel the effects of the capacity constraints, delays, and higher prices reported by shipping giants Maersk and Hapag-Lloyd.

FedEx founder Fred Smith was memorialized with the renaming of Memphis airport in his name and the ceremony included the arrival of a FedEx Boeing 777 freighter painted with a throwback brand design. The post FedEx 777 in retro livery lands at Memphis airport renamed for Fred Smith appeared first on FreightWaves.

UPS is targeting about $3 billion in 2026 network savings as stronger pricing, higher cash flow and cost cuts support margins despite weaker package volumes.

Flock Safety plans to establish new guardrails for its technology following backlash over allegations that its automated license plate readers are being misused and enabling mass surveillance.

More than 500 people have lost jobs at FedEx, Staples and LAZ Parking; two facilities in Palm Springs and Victorville will close.