With capacity declines driving more freight market gains than demand in 2025, FedEx Freight’s spin-off and march to more ...
FedEx announced the much-anticipated spinoff of its freight trucking division today, as it restructures its operations to focus on its core delivery business. Shares jumped about 9% in after-hours ...
FedEx Freight President Lance Moll will retire Jan. 31 as the nation’s largest LTL carrier prepares for a spinoff from the ...
Analysts believe the spinoff could unlock up to $20 billion in shareholder value while clearing the way for FedEx management to focus on restructuring, potentially boosting long-term growth prospects ...
The parcel giant’s planned move raises questions about timing, leadership and impact on the rest of the LTL market. Here’s what we know so far.
Memphis-based global freight transportation and logistics services provider FedEx recently announced that Lance Moll, president of the company’s less-than-truckload (LTL) subsidiary, FedEx Freight, ...
ODFL remains a hold with my valuation model unchanged, though the stock price is getting closer to good value. Read more here ...
Earlier, FedEx disclosed in June 2024 that it was weighing options for the LTL business, which involves carrying multiple shipments from different customers on a single truck. The Company intends ...
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 ...
FedEx FDX1.00%increase; green up pointing triangle has decided to spin off its freight trucking division, moving to streamline its structure and unlock value that some shareholders argue has been ...