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 ...

Substantial change is expected in the U.S. less-than-truckload sector in 2025, according to market observers and executives, ...

Memphis, Tennessee-based FedEx Corporation (FDX) is the leader in global express delivery services, providing transportation, ...

FedEx is a longtime customer of the acquired firm. It is set to operate as a standalone entity under FedEx Dataworks, a FedEx ...

FedEx remains the largest employer in Memphis, with over 32,000 employees, according to MBJ research. In December, FedEx ...

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 ...

Beyond rate and regulatory shifts, executives are eyeing FedEx Freight’s spinoff, Knight-Swift’s growing LTL operation and a major TFI International acquisition.

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'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 ...

In its fiscal 2024, which ended in May, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment.

FedEx Freight is the largest U.S. provider of less-than-truckload services, which involve carrying multiple shipments from different customers on a single truck; the shipments are then routed through ...