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As of Jun 24, 7:00 PM ET ·
CARR News3 articles
FedEx Freight Debuts as Independent LTL Carrier on NYSE
FedEx Freight started trading on the NYSE as FDXF after its spin-off from FedEx, with $8.9 billion in fiscal 2025 revenue. The company targets 4-6% annual growth but faces execution risks.
Markets
Top US Carriers Join Forces for Satellite Network to End Dead Zones
AT&T, Verizon, and T-Mobile announced an unprecedented partnership to create a satellite-based network connecting standard phones directly to satellites, aiming to eliminate wireless dead zones across the U.S.
Technology
US Carriers Unite to End Phone Dead Zones, AST SpaceMobile Surges
AT&T, T-Mobile, and Verizon agreed in principle to launch a satellite-based direct-to-device joint venture, sending AST SpaceMobile shares up 11.8% to $83.66.
Technology