Now the LTL sector is one of the most sought-after niches of trucking largely because of its huge barriers to entry. LTL carriers are so much in demand these days, Jindel said, that he predicts “at ...
What do an expected gradual improvement in the freight market and a new administration mean for truckload, less-than-truckload, dedicated, warehousing, and brokers in 2025? Executive leaders at A.
FreightWise, a provider of transportation management systems, has announced a deal with less-than-truckload carrier Estes ...
Pittsburgh-based Pitt Ohio plans to merge Midwest-focused Sutton with its existing Dohrn Transfer LTL unit after an initial period of operating the two separately.
FedEx Corp. said Thursday it will move forward with a plan to spin off FedEx Freight, the nation’s largest LTL carrier, which experts say could be worth as much as $30 billion. Details ...
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 ...
He noted on a call with analysts Thursday that FedEx Freight becomes the leading LTL pure-play, and the largest carrier by revenue with the broadest network and the fastest transit times.
FedEx has decided to spin off its freight trucking division, moving to streamline its structure and unlock value that some shareholders argue has been lost inside the delivery giant. FedEx Freight is ...