With capacity declines driving more freight market gains than demand in 2025, FedEx Freight’s spin-off and march to more ...
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 ...
Analysts believe the spinoff could unlock up to $20 billion in shareholder value while clearing the way for FedEx management to focus on restructuring, potentially boosting long-term growth prospects ...
John Smith, FedEx chief operating officer of U.S. and Canada surface operations, is set to lead FedEx Freight in the interim ...
FedEx Freight President Lance Moll will retire Jan. 31 as the nation’s largest LTL carrier prepares for a spinoff from the ...
Memphis-based global freight transportation and logistics services provider FedEx recently announced that Lance Moll, president of the company’s less-than-truckload (LTL) subsidiary, FedEx Freight, ...
FedEx cut its full-year outlook and posted mixed results in its fiscal second quarter, deciding to spin off its freight trucking division to streamline its structure as it continues to face weaker ...
Customers receive support from the FedEx Freight International Services team to monitor LTL freight shipments, review customer paperwork, and follow up to avoid shipping delays when shipments are ...
Ground shipping costs are projected to drop slightly year over year in Q1, according to the TD Cowen/AFS Freight Index.
FedEx FDX1.00%increase; green up pointing triangle has decided to spin off its freight trucking division, moving to streamline its structure and unlock value that some shareholders argue has been ...