The board at FedEx has formally greenlit the spinoff of its freight division. The post FedEx board approves spinoff of LTL unit appeared first on FreightWaves.

FDX plans to spin off its freight unit as FDXF on June 1, aiming to unlock value and sharpen its focus on parcel delivery and LTL markets.

An announcement by FedEx Corp. that it was reducing fuel surcharges for its LTL freight by 25% should lead to similar moves by the other major carriers as everyone jockeys for position before the peak ...

FedEx Corp. (CCJ Top 250, No.1) announced on Thursday the spin-off of its less-than-truckload freight business, FedEx Freight, to a separate publicly traded company. The spin-off is planned to be ...

FedEx Freight, a subsidiary of FedEx Corp., launched its new unified less-than-truckload network, offering customers the choice of two levels of service from a single company. FedEx Freight Priority ...

FedEx Freight details June 1 spin-off, sets stage for independent growth Leadership at FedEx Freight, the less-than-truckload subsidiary of Memphis-based global freight transportation and logistics ...

FedEx Corp. named Marshall Witt chief financial officer of FedEx Freight effective Oct. 15 as the unit prepares for its planned spinoff. Witt, a former FedEx executive and recent TD SYNNEX CFO, brings ...

FedEx Freight’s incoming leader says the less-than-truckload (LTL) sector is entering a period of rapid transformation, but ...