Canada-based freight conglomerate TFI International followed its announced acquisition of Daseke by rolling out a plan last year to split its truckload and LTL holdings into separate companies.
Freight claims are a headache for ... truckload niche that doesn’t use traditional breakbulk LTL strategies. From there, the two companies grew together. From a single lane, Fleurco expanded ...
the logistics giant decided it would separate the division into a standalone publicly traded company within 18 months. The freight division is already the largest LTL carrier in the U.S. by ...
On December 19, 2024, FedEx Corp. (NYSE: FDX, $278.66, Market Capitalization: $67.1 billion) announced that its Board of Directors had concluded a comprehensive assessment of the role of FedEx ...
Although the prospective spin-off of FedEx Freight slightly spooked investors in LTL companies, I think ODFL investors have little to fear. FedEx Freight will be a worthy competitor, but probably ...
Knight's acquisitions of AAA Cooper and Midwest Motor Express in 2021 marked another turning point, placing the company in the less-than-truckload shipping sector. Market share gains from bankrupt ...