Shipping giant spins off FedEx Freight into ‘North America’s largest LTL carrier’

FedEx announced the spin-off of the FedEx Freight division into an independent and publicly-traded separate entity. On Monday, June 1, shipping giant FedEx announced the completion of the spin-off of the FedEx Freight Holding Company, Inc. into “an independent, publicly traded company and focused leader in the North American less-than-truckload (LTL) industry.” The move makes […] The post Shipping giant spins off FedEx Freight into ‘North America’s largest LTL carrier’ appeared first on CDLLife.