Big changes are coming in 2025 to the way less-than-truckload freight is classified. The post LTL industry readies for new ...
The Company intends to execute the planned separation through a capital markets transaction, creating two independent, ...
FedEx's decision to spin off its LTL unit marks the end of an era that began nearly 30 years ago when major parcel carriers ...
FedEx said Thursday it will move forward with the separation of its less-than-truckload and legacy package delivery ...
The two entities will both operate under the FedEx brand and maintain close ties on “key commercial, operational, and ...
FedEx announces its plan to spin-off its less-than-truckload freight business, FedEx Freight, to streamline its core ...
Less than truckload (LTL) refers to shipping services for relatively small loads of freight (typically between 150 and 15,000 pounds). One of the main benefits of the LTL industry is cost efficiency.
ShipMatrix president Satish Jindel attributed the market’s attitude toward FedEx Freight's planned spin off to several ...
TFI International is a large North American logistics company that faces mixed segment performance and economic uncertainties ...
The logistics giant hopes to unlock more value in making FedEx Freight a standalone public company, all while competing for ...
Saia tested the Tesla Semi in its operations to evaluate its range, payload capacity, grade performance, and driver comfort.
FedEx Freight will become a $9.4 billion LTL carrier, while the remaining FedEx units will have a combined revenue of $78.3 ...