A key component of the plan: Hire more than 300 LTL salespeople. FedEx Corp. executives will separate their less-than-truckload operation, the country’s largest, into its own public company ...
FedEx confirmed during its announcement on FedEx Freight’s future on Dec. 19 that the transition to spin out its LTL business segment into a separate company is expected to take 18 months.
With revenue of $9.4 billion in fiscal 2024, FedEx Freight is the largest less-than-truckload services with the broadest network and fastest transit times in its industry. FedEx NewsMORE Related ...
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