FedEx board approves spinoff of LTL unit
FedEx Corp. is officially moving forward with the spinoff of its less-than-truckload unit, FedEx Freight, following formal approval from its…
Tag: LTL
XPO defies weak LTL demand with margin gains
XPO continues to execute at the bottom of the cycle. The company again saw margin improvement in its less-than-truckload unit…
Morgan Stanley cuts TL, LTL earnings outlook
Trucking analysts are trimming expectations for the back half of the year ahead of the third-quarter earnings season, which begins…