FedEx Freight

Las existencias de LTL ensangrentadas después del día de la liberación, estimaciones recortadas antes de los informes del primer trimestre

las-existencias-de-ltl-ensangrentadas-despues-del-dia-de-la-liberacion,-estimaciones-recortadas-antes-de-los-informes-del-primer-trimestre

Las acciones de transporte lo llevaron a la barbilla tras el anuncio de la administración Trump de aranceles generalizados después de que el mercado cerró el miércoles. A las acciones menos que la carga de camiones les fue lo peor en las dos sesiones comerciales después del Día de la Liberación, ya que los inversores […]

Esta entrada Las existencias de LTL ensangrentadas después del día de la liberación, estimaciones recortadas antes de los informes del primer trimestre Aparece primero en FullAva...

https://fullavantenews.com/las-existencias-de-ltl-ensangrentadas-despues-del-dia-de-la-liberacion-estimaciones-recortadas-antes-de-los-informes-del-primer-trimestre/?lang=es

LTL stocks bloodied post-Liberation Day, estimates cut ahead of Q1 reports

Transportation stocks took it on the chin following the Trump administration’s announcement of widespread tariffs after the market closed on Wednesday. Less-than-truckload stocks fared the worst in the two trading sessions following Liberation Day as investors who entered the year hopeful for a positive inflection in the industrial complex appear to have called it quits for the time being.

Less-than-truckload stocks fell 18% over the two-day period and are off 33% year-to-date (both on an...

https://www.freightwaves.com/news/ltl-stocks-bloodied-post-liberation-day-estimates-cut-ahead-of-q1-reports

Check Call: ‘Sell With a Story’ review and LTL spinoffs

(GIF: GIPHY)

This month, I’m reviewing “Sell With a Story” by Paul Smith. At its core, it’s a book about crafting stories and using previous experience to show prospective customers how you can help them in ways that align with what they’re asking.

The first step of the storytelling process is to actually listen to what the prospect needs and wants. This exercise provides a salesperson guidance on which type of story to use to help move the prospect along in the sales process.

Most of sales is...

https://www.freightwaves.com/news/check-call-sell-with-a-story-review-and-ltl-spinoffs

FedEx prepping LTL unit ahead of spinoff

FedEx continues to pretty up the nation’s largest less-than-truckload business, FedEx Freight, ahead of a 2026 spinoff. However, a lackluster industrial complex continued to present a headwind during its recent fiscal quarter ended Feb. 28.

Revenue at FedEx Freight declined 5.3% year over year to $2.09 billion as tonnage fell 7.6% and revenue per hundredweight, or yield, increased just 2.2%. The tonnage decline was the combination of a 4.7% decline in shipments and a 3.1% decline in weight per...

https://www.freightwaves.com/news/fedex-prepping-ltl-unit-ahead-of-spinoff

2024’s most notable trucking deals

A slowdown in trucking M&A was met by interest rate cuts for the first time in more than four years in 2024. The anticipation of lower lending rates fostered more constructive transaction dialogues during the year, but deal count across the industry was still off 5% from 2023, according to data compiled by the research team at Left Lane Associates.

The supply chain M&A advisory firm said there is noise in the number as some deals were paused until after the election, which pushed closings into...

https://www.freightwaves.com/news/2024s-most-notable-trucking-deals

A stand-alone FedEx Freight gives LTL investors another pure play

Investors are getting more optionality when it comes to playing the less-than-truckload market. FedEx Corp. said Thursday it will move forward with a plan to spin off FedEx Freight, the nation’s largest LTL carrier, which experts say could be worth as much as $30 billion.

Details surrounding the transaction were sparse, but FedEx (NYSE: FDX) said separating into two publicly listed companies – a domestic and international package and freight business generating $78 billion in annual revenue, and...

https://www.freightwaves.com/news/a-stand-alone-fedex-freight-gives-ltl-investors-another-pure-play

FedEx to spin off LTL unit; lowers full-year guidance

FedEx announced Thursday it will move forward with a plan to spin off its less-than-truckload unit, FedEx Freight, into a separately traded public company. FedEx first floated the idea in June in conjunction with its quarterly report.

Under the new structure, FedEx (NYSE: FDX) will comprise of the company’s legacy air, ground and parcel segments, which generated $78 billion in revenue in its recent fiscal year ended May 31. The new business will house FedEx Freight, which is the largest LTL...

https://www.freightwaves.com/news/fedex-to-spin-off-ltl-unit-lowers-full-year-guidance

LTL general rate increases buck pricing concerns for industry

Less-than-truckload carrier Old Dominion Freight Line announced Monday a 4.9% general rate increase across multiple tariff codes effective Dec. 2. The GRI announcement follows similar price actions from other carriers in recent weeks, tamping down concerns that the industry is losing its ability to pass through rate increases two years into an industrial recession.

Carriers typically implement GRIs to general tariff codes annually. The stated percentage increase is an expected average of changes...

https://www.freightwaves.com/news/ltl-general-rate-increases-buck-pricing-concerns-for-industry

FedEx explores divestment of Freight business

FedEx is conducting a strategic analysis of the company’s less-than-truckload segment and its relative value to the company, suggesting that FedEx Freight could be sold or spun off so the company can focus on its parcel and logistics business.

“With the recent completion of the FY 2025 planning process, we have turned our focus to the next phase of our long-term stockholder value creation plans. As a part of this work, our management team and the board of directors, along with outside advisers,...

https://www.freightwaves.com/news/fedex-explores-divestment-of-freight-business

FedEx Freight to close 7 service centers nationwide in 2024

FedEx Freight, the less-than-truckload unit of FedEx Corp. (NYSE: FDX), confirmed Tuesday that it is closing seven service centers across the U.S. this year as the division continues to make alignments to its freight network.

“As the less-than-truckload industry evolves, at FedEx, we are continuing to adapt our freight network to meet forecasted demand and make adjustments that align with the evolving needs of the business,” a FedEx spokesperson told FreightWaves. 

The seven facilities to be...

https://www.freightwaves.com/news/fedex-freight-to-close-7-service-centers-nationwide-in-2024

+ More