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.
HUNTERSVILLE, N.C., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) is excited to announce that Saia LTL Freight has partnered with Joe Gibbs Racing for a multi-year sponsorship of Ty ...
The van and refrigerated Truckload Volume Index (TVI) increased modestly compared to November: Van TVI: 260, up 2.4% Refrigerated TVI: 220, up 3% Flatbed TVI: 237, down 5% Year over year ...
MEMPHIS, Tenn., – FedEx Corporation (NYSE: FDX) today announced that Lance Moll, president of FedEx Freight, will retire after a distinguished 33-year career with the company. He will serve in his ...
(Photo: Jim Allen/FreightWaves) Sakaem Logistics, an entity with ties to the same family that owns Teamsters-staffed car hauler Jack Cooper, ended up acquiring less-than-truckload carrier Standard ...
Less-than-truckload pricing appears in need of the next catalyst, according to a report from 3PL AFS Logistics and financial services firm TD Cowen. The update classified LTL rates as steady but ...
“FedEx spinning off its freight business could also shake things up, as shippers who have historically benefitted from bundling parcel and LTL spend to qualify for higher discounts may entertain other ...
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 ...
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