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FedEx to spin off its less-than-truckload freight business

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FedEx to spin off its less-than-truckload freight business

Dec 19, 2024 1:39 PM

Dec 19 (Reuters) - FedEx ( FDX ) announced the

much-anticipated spinoff of its less-than-truckload freight

division on Thursday, as it looks to restructure its operations

and focus more on its core delivery business.

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