A key component of the plan: Hire more than 300 LTL salespeople. FedEx Corp. executives will separate their less-than-truckload operation, the country’s largest, into its own public company ...
“LTL is a darling on Wall Street right now,” he said. FedEx said in releasing its earnings ... may leave the trucking ...
(Photo: Jim Allen/FreightWaves) FedEx announced Thursday it will move forward with a plan to spin off its less-than-truckload unit, FedEx Freight, into a separately traded public company.
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 Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded less-than-truckload carrier in North America in the ...
Shares rise less than 1% Stand alone FedEx Freight could be worth $30 bln-$35 bln - analyst Less-than-truckload market to benefit from spinoff Dec 20 (Reuters) - FedEx's (FDX.N), opens new tab ...