A key component of the plan: Hire more than 300 LTL salespeople. FedEx Corp. executives will separate their less-than-truckload operation, the country’s largest, into its own public company ...

The Company intends to execute the planned separation through a capital markets transaction, creating two independent, ...

“LTL is a darling on Wall Street right now,” he said. FedEx said in releasing its earnings ... may leave the trucking ...

FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded less-than-truckload carrier in North America in the ...

(Photo: Jim Allen/FreightWaves) FedEx announced Thursday it will move forward with a plan to spin off its less-than-truckload unit, FedEx Freight, into a separately traded public company.

FedEx Corp. (CCJ Top 250, No.1) announced on Thursday the spin-off of its less-than-truckload freight business, FedEx Freight, to a separate publicly traded company. The spin-off is planned to be ...

Shares rise less than 1% Stand alone FedEx Freight could be worth $30 bln-$35 bln - analyst Less-than-truckload market to benefit from spinoff Dec 20 (Reuters) - FedEx's (FDX.N), opens new tab ...