FedEx's top executives explained the factors that led to the decision, after months of deliberation, to spin out the ...

Transportation technology and services provider FreightWise will now offer highly competitive Less Than Truckload (LTL) pricing with Estes. Starting immediately, these rates will be available to ...

Several major changes are coming next year to the way less-than-truckload freight is categorized. The National Motor Freight Traffic Association (NMFTA), a nonprofit trade group that publishes the ...

FedEx announces its plan to spin-off its less-than-truckload freight business, FedEx Freight, to streamline its core ...

The freight industry is experiencing a notable shake-up this week, with several key developments signaling potential ...

ShipMatrix president Satish Jindel attributed the market’s attitude toward FedEx Freight's planned spin off to several ...

FedEx's decision to spin off its freight trucking unit will strengthen that business while allowing the parcel delivery giant ...

The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, ...

FedEx has decided to spin off its freight trucking division, moving to streamline its structure and unlock value that some ...

FedEx Corp. plans to spin off FedEx Freight and create a new publicly traded company within the next 18 months.

This website uses cookies to enhance your browsing experience and serve personalized content. Privacy Policy ...

(Reuters) -FedEx announced the much-anticipated spinoff of its less-than-truckload freight division on Thursday, as it looks to restructure its operations and focus more on its core delivery business.