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 ...

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

Officials are urging drivers to find an alternative route as they work to secure the area between the I-270 split and ...

FedEx Freight President Lance Moll will retire Jan. 31 as the nation’s largest LTL carrier prepares for a spinoff from the ...

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 ...

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, ...