fedex-freight

Analysis: Consolidation or Specialization?

At first glance, two major transportation stories this month appear to point in opposite directions. FedEx has completed the spin-off of FedEx Freight, creating a standalone less-than-truckload carrier focused exclusively on the North American LTL market. At the same time, Union Pacific and Norfolk Southern are seeking regulatory approval to combine their networks into what would become the nation’s first transcontinental railroad. One transaction is breaking a company apart. The other seeks ... [+]