American Dollar to Canadian Dollar = 0.723721; American Dollar to Chinese Yuan = 0.137908; American Dollar to Euro = 1.085745; American Dollar to Japanese Yen = 0.006468; American Dollar to Mexican Peso = 0.054525.

FedEx Corp. announced several leadership roles as the company makes progress to separate its less-than-truckload (LTL) freight division. John A. Smith, chief operating officer, U.S. and Canada, of Federal Express, has been selected to serve as the president and CEO of FedEx Freight, and R. Brad Martin, vice chairman of the FedEx Corp. board of directors, has agreed to serve as chairman of the board of FedEx Freight. Both appointments will be effective upon completion of the previously announced separation of FedEx Freight from FedEx Corp. Plans for the spin-off, which is expected to occur by June 2026, remain on track. “I cannot think of two individuals with more knowledge of, or commitment to, the long-term success of the FedEx Freight business than John Smith and Brad Martin,” said Raj Subramaniam, president and CEO of FedEx Corp. “Together they have the track record and expertise to successfully lead this new and exciting chapter for the independent FedEx Freight company.”

UPS is doubling down on its customer-first strategy by expanding its end-to-end portfolio with two ground shipping options for residential and commercial shippers: UPS Ground Saver® and UPS® Ground with Freight Pricing. In today’s dynamic market, global logistics continues to evolve, and UPS is moving forward to deliver for customers of all needs and sizes. "UPS is on a mission to transform our customer experience by offering an end-to-end portfolio which provides delivery, returns and pickup services seven-days-a-week," said UPS Chief Commercial and Strategy Officer Matt Guffey. "Ground Saver and Ground with Freight Pricing represent the first of many product enhancements UPS will roll out in 2025."