With capacity declines driving more freight market gains than demand in 2025, FedEx Freight’s spin-off and march to more ...

FedEx is spinning off its less-than-truckload (LTL) business. After months of debate on what to do with FedEx Freight ... Average daily package volume decreased 1 percent to 17.1 million parcels ...

Today, Benzinga's options scanner spotted ... its asset-based less-than-truckload shipping segment. The remainder came from other services, including FedEx Office, which provides document ...

FedEx Freight, the largest U.S. provider of less ... FedEx disclosed in June it was weighing options for the LTL business, which involves carrying multiple shipments from different customers ...

FedEx and UPS are trying to navigate an ever-changing parcel industry as volume mix shifts towards more expensive home ...

FedEx Corp. 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.

The delivery giant unveiled plans late Thursday to create a standalone FedEx Freight company that would be the largest pure-play less-than-truckload, or LTL, company in North America by revenue.