FedEx Corporation (FDX), a logistics titan, drew significant attention by announcing the spinoff of its less-than-truckload freight division to prioritize its core logistics and parcel services.

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 ...

FedEx Freight’s spin-off and march to more market share could prolong the ‘flattish’ LTL volumes, analyst warns. The pending spin-off of FedEx Corp.’s less-than-truckload division could ...

FedEx remains the largest employer in Memphis, with over 32,000 employees, according to MBJ research. In December, FedEx announced plans to spin off its less-than-truckload segment FedEx Freight into ...

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 ...

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 ...

on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded LTL carrier in North America in the process. FedEx Freight informed ...