Fedex Freight to Spin Off Under Smith and Martins Leadership

Fedex Freight to Spin Off Under Smith and Martins Leadership

FedEx plans to spin off its less-than-truckload (LTL) freight division into an independent publicly traded company by June 2026. John A. Smith has been appointed President and CEO, and R. Brad Martin will serve as Chairman of the Board. This move aims to unlock shareholder value, improve operational efficiency, and allow both companies to maintain commercial operations and technology collaboration. Post-separation, FedEx Freight will become a leading pure-play LTL carrier with the most extensive network.

01/20/2026 Logistics Industry Insights
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Fedex Freight Spins Off As Smith and Martin Take Helm

Fedex Freight Spins Off As Smith and Martin Take Helm

FedEx plans to spin off its less-than-truckload (LTL) freight subsidiary, FedEx Freight, in 2026, appointing John A. Smith as President and CEO and R. Brad Martin as Chairman of the Board. This move aims to unlock shareholder value and enhance the operational efficiency and strategic focus of both companies. Analysts believe that an independent FedEx Freight will face cost structure adjustments, but also has the potential for growth due to its market position and priority services.

01/20/2026 Logistics
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XPO to Spin Off LTL and Brokerage Units for Growth

XPO to Spin Off LTL and Brokerage Units for Growth

XPO Logistics announced a strategic restructuring plan to spin off its North American truck brokerage and less-than-truckload (LTL) businesses into two separate publicly traded companies, while also divesting its European and North American intermodal operations. This move aims to focus on core businesses, unlock shareholder value, and create more competitive industry leaders. However, the company faces challenges such as increased market competition. Expert opinions are divided on the long-term impact of this strategy.

02/05/2026 Logistics
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CSCMP Annual Conference Kicks Off in Atlanta for Supply Chain Leaders

CSCMP Annual Conference Kicks Off in Atlanta for Supply Chain Leaders

This article serves as a guide and provides valuable insights for supply chain professionals attending the CSCMP EDGE Annual Conference. It covers conference highlights, pre-conference preparation, value proposition, and venue information. The aim is to help attendees maximize conference resources, enhance professional skills, and expand their network, creating more opportunities for personal and corporate growth. It offers practical advice on how to navigate the conference effectively and gain the most benefit from the sessions, networking events, and exhibitor showcases.

01/20/2026 Logistics Industry Insights
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XPO Logistics Spins Off GXO to Capitalize on Supply Chain Growth

XPO Logistics Spins Off GXO to Capitalize on Supply Chain Growth

XPO Logistics announced the spin-off of its logistics business, with GXO Logistics set to become an independent publicly traded company, expected to be completed in the third quarter. GXO will be the world's second-largest contract logistics provider, focusing on e-commerce, automation, and supply chain outsourcing. Strong performance growth is projected for 2022. The company is customer-centric and offers global, technology-driven logistics services, promising a bright future. GXO aims to capitalize on the growing demand for outsourced logistics solutions.

01/27/2026 Logistics
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Understanding Closing Time, Port Cut-off, and Customs Clearance in International Trade

Understanding Closing Time, Port Cut-off, and Customs Clearance in International Trade

This article analyzes the definitions and roles of closing time, cut-off port, and clearance in foreign trade shipping. The closing time is the final declaration time to ensure timely loading of goods, while the cut-off port is the deadline for receiving containers. Clearance refers to the procedures after customs release. Proper planning of these three stages can enhance the efficiency and compliance of foreign trade logistics.

07/15/2025 Logistics Encyclopedia
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Global Exporters Urged to Master Shipping Cutoff Times

Global Exporters Urged to Master Shipping Cutoff Times

This article provides an in-depth analysis of three key deadlines in international shipping: cut-off time for Shipping Instructions (SI), customs clearance cut-off, and container yard (CY) cut-off. The SI cut-off is the deadline for submitting cargo manifest information. The customs cut-off is the deadline for completing customs clearance and release. The CY cut-off is the final time for containers to enter the terminal yard. The article details the significance, precautions, and strategies for each stage, aiming to help shippers and freight forwarders understand the shipping process, avoid delays, and prevent additional costs.

02/03/2026 Logistics Encyclopedia
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International Cargo Flight from Lanzhou to Dubai Successfully Takes Off, Boosting the Belt and Road Initiative

International Cargo Flight from Lanzhou to Dubai Successfully Takes Off, Boosting the Belt and Road Initiative

The successful inaugural flight of the Lanzhou-Dubai international freight charter on June 8, 2023, marks the significant role of Lanzhou New Area's comprehensive bonded zone in implementing the Belt and Road Initiative. This route enhances logistics, financial, and information exchanges between Gansu and West Asian countries, increasing trade convenience and attracting more businesses.

06/08/2023 Logistics
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Freight Forwarders Guide to Cutoff and Sailing Times

Freight Forwarders Guide to Cutoff and Sailing Times

This article provides an in-depth analysis of the freight forwarding term "Several Cut-offs and Openings," detailing the meanings and operational key points of various "cut-offs," including Customs Clearance Cut-off, AMS/ACI/ENS Cut-off, Documentation Cut-off, Cargo Cut-off, and ISF Filing. It aims to help foreign trade practitioners understand critical time nodes, avoid potential risks, and ensure smooth cargo transportation. The article clarifies the significance of each cut-off time in the international shipping process, enabling better planning and execution of shipments.

09/26/2025 Logistics Encyclopedia
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Freight Forwarders Face Key Customs Clearance Cutoff Times

Freight Forwarders Face Key Customs Clearance Cutoff Times

This article delves into the concept of cut-off time, differentiating between goods within and outside the bonded area. Using Shanghai Port as an example, it details the cut-off operation procedures for various ports. Furthermore, it provides practical advice on avoiding cut-off risks, assisting freight forwarders in efficient customs clearance and preventing unnecessary losses. The article aims to clarify the complexities surrounding cut-off times and empower freight forwarders to navigate port operations more effectively.

08/23/2025 Customs Knowledge
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