FedEx's decision to spin off its LTL unit marks the end of an era that began nearly 30 years ago when major parcel carriers ...
UPS agreed to pay the Securities and Exchange Commission $45 million to settle charges it overvalued UPS Freight before selling the LTL unit to TFI international in 2021, the SEC announced last month.
Trucking M&A was off again in 2024, but the year saw some notable transactions and provided insight on a couple of major spinoffs on the horizon.
FedEx Corp. plans to spin off FedEx Freight and create a new publicly traded company within the next 18 months.
FedEx's decision to spin off its freight trucking unit will strengthen that business while allowing the parcel delivery giant ...
TFI International is a large North American logistics company that faces mixed segment performance and economic uncertainties ...
The Company intends to execute the planned separation through a capital markets transaction, creating two independent, ...
FedEx's decision to spin off its freight truckload segment will strengthen the business while allowing the parcel delivery ...
Christmas Day is almost here. Wondering which stores will be open and closed? Or if your mail will come and garbage be picked ...
The logistics giant hopes to unlock more value in making FedEx Freight a standalone public company, all while competing for ...