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.

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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Freight Market Challenges Analyzed in CH Robinson Report

Freight Market Challenges Analyzed in CH Robinson Report

C.H. Robinson's November Edge report provides an in-depth analysis of freight market trends, covering truckload, LTL, ocean, and air freight, with a focus on demand and capacity shifts. The report delivers data-driven insights and forward-looking guidance to help businesses develop effective strategies and maintain a competitive edge in a complex market. It offers a comprehensive overview of the current landscape and anticipates future developments, enabling informed decision-making for shippers and logistics professionals.

XPO Logistics Splits LTL and Brokerage Units in Strategic Overhaul

XPO Logistics Splits LTL and Brokerage Units in Strategic Overhaul

XPO Logistics plans to spin off its Less-Than-Truckload (LTL) and North American truck brokerage businesses into two separate publicly traded companies, and divest its European and North American intermodal operations. This strategic restructuring aims to unlock value, improve operational efficiency, and create more focused and competitive industry leaders, ultimately generating greater returns for customers, employees, and shareholders. The strategic adjustments, expected to be completed in the fourth quarter of this year, will reshape XPO's business landscape.

01/27/2026 Logistics
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Forward Air Expands LTL and PUD Services to Wichita

Forward Air Expands LTL and PUD Services to Wichita

Forward Air has launched Less-than-Truckload (LTL) and Pickup and Delivery (PUD) services in Wichita, Kansas, marking a significant step in its national network expansion. This initiative leverages existing last-mile facilities to provide faster and more efficient logistics solutions for the local aerospace industry and other sectors. The expansion aims to solidify Forward Air's position as a leading asset-light freight and logistics services provider, offering enhanced services and improved connectivity within its growing network.

01/28/2026 Logistics
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Yellow Corp Bankruptcy Shakes Centuryold LTL Trucking Industry

Yellow Corp Bankruptcy Shakes Centuryold LTL Trucking Industry

The bankruptcy of Yellow Corp., the fifth-largest trucking company in the US, marks the fall of a century-old business, revealing a confluence of mismanagement, labor union conflicts, and market competition. This bankruptcy will reshape the less-than-truckload (LTL) market landscape, potentially leading to increased freight rates, but with limited impact on the overall supply chain. Going forward, market competition will intensify, with efficiency, service quality, and technological innovation becoming crucial factors for success.

2023 Investment Outlook for the Transportation Industry: Positive Spring Festival Data for Airlines and Recovery in Bulk Freight Rates

2023 Investment Outlook for the Transportation Industry: Positive Spring Festival Data for Airlines and Recovery in Bulk Freight Rates

In 2023, the transportation industry shows a positive development trend, with air passenger traffic during the Spring Festival continuously increasing, expected to achieve a year-on-year growth of 11.5%. Although there was a decline in demand in January due to the staggered Spring Festival, improvements are anticipated in February and March. Bulk shipping rates are rising, as the overall shipping industry enters a recovery phase.

Tianjin Port and China National Foreign Trade Transportation Corporation Join Forces to Create a New Future for Inland Logistics

Tianjin Port and China National Foreign Trade Transportation Corporation Join Forces to Create a New Future for Inland Logistics

Tianjin Port has partnered with China National Foreign Trade Transportation Group to enhance inland logistics network construction. The collaboration focuses on optimizing transportation structures through a dry port system, promoting sea-rail intermodal transport and scheduled road services. Leveraging the geographical advantages of the Tianjin port, they aim to improve logistics efficiency.

07/18/2025 Logistics
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Trucking Slump Deepens As DAT Freight Index Hits Record Low

Trucking Slump Deepens As DAT Freight Index Hits Record Low

The DAT Truckload Volume Index indicates a decrease in freight volume and falling freight rates in February, signaling excess capacity. Experts suggest the market is normalizing, with overcapacity being a key challenge. Businesses need to improve efficiency, control costs, expand channels, enhance services, invest in technology, flexibly adjust capacity, strengthen risk management, and seek collaborations to address the challenges and seize opportunities. The current market conditions require strategic adaptation and proactive measures to maintain competitiveness and profitability within the evolving logistics landscape.

Trucking Sector Grows As LTL Struggles Parcel Pricing Holds Firm

Trucking Sector Grows As LTL Struggles Parcel Pricing Holds Firm

The TD Cowen-AFS Freight Index report reveals emerging signs of recovery in the trucking market, despite persistent overcapacity. Parcel shipping pricing strategies are proving effective, although intense competition for discounts remains. Less-than-truckload (LTL) pricing remains robust but faces competitive pressures. Overall, the report provides valuable market insights and benchmarks for freight companies navigating the current landscape. It highlights the complex interplay of supply, demand, and pricing dynamics across different freight modes, offering a crucial reference point for strategic decision-making.