The deal makes the Baltimore-area company part of one of the country's largest trucking corporations. Here's what that means ...

The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1539 GMT – FedEx’s planned spinoff of its freight ...

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 factors, including the transition being 18 months (not sooner) and FedEx Freight ...

FedEx's decision to spin off its freight trucking unit will strengthen that business while allowing the parcel delivery giant to better tackle challenges in its core operations, analysts said on ...

Transportation technology and services providerFreightWise will now offer highly competitive Less Than Truckload (LTL ... most trusted names in LTL freight shipping in North America.

The firm made 47% of its income from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment, in the fiscal year 2024, which concluded in May.

As we approach the final days before Christmas, it’s becoming evident that the truckload market has experienced a peak season stronger than those of the past two years. The post The Weekly Tender: ...

It said it had seen lower-than-expected ... continued to pressure less-than-truckload industry demand." The spinoff will allow FedEx to focus more on the parcel shipping market, it said in its ...

This builds on the success of the Digital LTL Council by combining the digital standards for less-than-truckload and FTL ... which many LTL shipping companies adopted. “NMFTA’s expertise ...