Less-than-truckload carrier FedEx Freight named Mike Rodgers as chief commercial and technology officer, following the recent termination of an executive.
FedEx Freight announced that it has terminated Chief Specialized Services and Commercial Officer Mike Lyons, who was appointed to the role ahead of the company’s spinoff from FedEx Corp.
FedEx Freight expects profit margin to grow by more than 9% in the back half of the year, up more than a point from last year’s growth.
Amazon’s less-than-truckload business is unlikely to resemble that of the century-old legacy carriers.
The nation’s largest less-than-truckload carrier, FedEx Freight, began trading as a standalone company on Monday.
FedEx Freight donates tractors and trailers to UA Northark to restart its CDL program this fall after an 18-month pause.
The board at FedEx has formally greenlit the spinoff of its freight division.
FedEx Freight outlined financial targets and operational initiatives ahead of a June separation from parent FedEx Corp.
FedEx Freight was again a drag on FedEx Corp.’s consolidated results, which came in ahead of expectations.
Full ACT Expo 2026 speaker lineup announced: Incoming FedEx Freight CEO John Smith opens May 4 in Las Vegas. Nearly 400 executives include Rivian, Mack Trucks, Tesla, Waabi, Aurora and Amazon.
FedEx Freight has its first rating from a credit agency and it’s less than FedEx.
Large carriers didn’t have the appetite for big M&A in 2025, instead focusing on cost cutting and doing more with less.
Weak shipment counts have pushed profit expectations lower at FedEx Freight.
FedEx Corp. has completed the formation of the leadership team for a standalone FedEx Freight.
FedEx Freight’s spinoff is on track to be completed by June of next year.
FedEx Freight said it is giving shippers more time to adjust to recent changes to the less-than-truckload classification system that is used to establish pricing.
FedEx has named more executives to lead the divestment of the Freight subsidiary and run it as an independent company.
FedEx Corp. has announced the new leaders for less-than-truckload carrier FedEx Freight following a 2026 spinoff.
Less-than-truckload stocks bore the brunt of Liberation Day tariffs, falling 18% on average following the announcement and adding to an already down year.
In this edition: A book review for “Sell With a Story,” and FedEx freight moves spinoff forward
