Old Dominion, Saia, XPO and ArcBest all fielded questions from analysts about how the move might affect their operations and ...
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's challenges and strategies for recovery make it a high-risk investment, with cautious optimism for potential growth ...
Substantial change is expected in the U.S. less-than-truckload sector in 2025, according to market observers and executives, ...
Memphis, Tennessee-based FedEx Corporation (FDX) is the leader in global express delivery services, providing transportation, ...
With capacity declines driving more freight market gains than demand in 2025, FedEx Freight’s spin-off and march to more market share could prolong the ‘flattish’ LTL volumes, analyst warns.
FedEx Freight President Lance Moll will retire Jan. 31 as the nation’s largest LTL carrier prepares for a spinoff from the parcel giant, the company announced Friday. Moll will wrap up his 33 ...
FedEx is a longtime customer of the acquired firm. It is set to operate as a standalone entity under FedEx Dataworks, a FedEx ...
FedEx remains the largest employer in Memphis, with over 32,000 employees, according to MBJ research. In December, FedEx ...
In its fiscal 2024, which ended in May, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment.
FedEx’s stock prices observed a marginal drop ... in U.S. industrial production that continued to pressure less-than-truckload industry demand. This led to an 89 basis points drop in revenues ...