FedEx is spinning off its less-than-truckload (LTL) business. After months of debate on what to do with FedEx Freight, the logistics giant decided it would separate the division into a standalone ...
Originally published in FedEx's 2024 Global Economic Impact Report NORTHAMPTON, MA / ACCESS Newswire / February 4, 2025 / The U.S. economy faced macroeconomic headwinds in FY 2024, with moderating ...
With capacity declines driving more freight market gains than demand in 2025, FedEx Freight’s spin-off and march to more market share could prolong the ‘flattish’ LTL volumes, analyst warns.
collaborate with FedEx, expand its dedicated sales force by about 300, launch a new pricing and invoicing system for Less-than-truckload, and reduce vendor spending through increased automation. The ...
The delivery giant unveiled plans late Thursday to create a standalone FedEx Freight company that would be the largest pure-play less-than-truckload, or LTL, company in North America by revenue.
FedEx's spin-off of its LTL division poses no significant new threats. Early signs of a trucking industry rebound are emerging, but it's too soon to confirm a sustained recovery. ODFL remains a ...