Substantial change is expected in the U.S. less-than-truckload sector in 2025, according to market observers and executives, ...
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 ...
Memphis, Tennessee-based FedEx Corporation (FDX) is the leader in global express delivery services, providing transportation, ...
FedEx remains the largest employer in Memphis, with over 32,000 employees, according to MBJ research. In December, FedEx ...
Beyond rate and regulatory shifts, executives are eyeing FedEx Freight’s spinoff, Knight-Swift’s growing LTL operation and a ...
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.
FedEx and UPS are trying to navigate an ever-changing parcel industry as volume mix shifts towards more expensive home ...
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 ...