freight

By David Ljunggren OTTAWA (Reuters) – Canada’s two main freight rail companies locked out around 10,000 of their Canadian unionized workers early on Thursday, starting an unprecedented simultaneous work stoppage that will grind almost all railway freight movement in the country to a halt. HOW INTEGRATED ARE THE RAIL NETWORKS…

By Gokul Pisharody, Ananta Agarwal and Lisa Baertlein (Reuters) -FedEx shares jumped as much as 15% on Wednesday after the delivery giant reassured investors with a bullish annual profit forecast and said it is weighing whether to sell or spin-off its freight trucking business that one analyst valued at $30…