FedEx is currently reviewing the LTL business, which is currently the largest in the U.S., operating nearly 30,000 motorized ...

Less-than-truckload carriers continue to take general rate increases even as the overall demand picture remains murky.

Along the way, the LTL buildout has included acquiring multiple terminals in Texas once used by Central Freight Lines and ...

A Memphis news affiliate reports roughly 300 employees were impacted by the FedEx layoffs, while Pitney Bowes laid off 2,300 ...

The freight division, known for handling less-than-truckload (LTL) shipments, has been a critical component of FedEx's ...

In its fiscal 2024, which ended in May, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% from ...

A FedEx Freight spinoff would be positive for both FedEx shareholders and other LTL providers, TFI’s Bédard said on the earnings call. “But it's not easy to do,” Bédard said, reminding ...