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FedEx Freight targets strategic density in spin-off
Trucking Dive David Taube January 16, 2026
“We believe door count — not terminal count — is the most relevant measure of our network capacity,” the business said in a key securities filing ahead of the June spinoff.
Link: FedEx Freight SEC Form 10
FedEx has filed paperwork for FedEx Freight spinoff
CCJ Jason Cannon January 16, 2026
According to the filing, FedEx Freight will focus on three primary strategic pillars to maintain its market leadership:
- Accelerating growth: Targeting high-value, resilient industry verticals through a dedicated sales organization.
- Network modernization: Continued investment in technology and infrastructure.
- Operational efficiency: Streamlining the business to maximize the benefits of an LTL-focused model.
FedEx Files to Spin Off Freight Unit Into Stand-Alone Company
Transport Topics Connor D. Wolf January 16, 2026
“Today’s Form 10 filing reflects the strong progress we are making toward the launch of FedEx Freight as a focused, industry-leading LTL company,” FedEx CEO Raj Subramaniam said. “This separation will create two world-class companies, positioning both FedEx and FedEx Freight to better serve customers and unlock long-term value for all stockholders.”
FedEx Announces Board of Directors for Freight Spin-Off
Supply Chain 24/7 January 18, 2026
The 10-member board includes current FedEx leaders, as well as executives from transportation, logistics, finance, technology, and public policy. FedEx said the group will guide FedEx Freight as it transitions into a standalone company.
Link: FedEx Press Release FedEx Announces Board of Directors for Future Independent FedEx Freight
Cass TL Linehaul Index climbs amid shipment decline
Freight Waves Todd Maiden January 16, 2026
“The three winter storms which hit the Midwest in the first two weeks of December slowed the highway network and created some pent-up demand that was still evident in the spot market in the first half of January,” the report said. “Holiday consumer spending data suggest retail inventories destocked in recent months as freight shipments across modes were below spending trends.”
Link: Cass Transportation Index Report December 2025 Caught Out in a Storm (or Three)
Trucking rates have dropped 27% versus CPI
Freight Waves Craig Fuller January 17, 2026
As of mid-January 2026, national trucking spot rates are showing signs of strength following a late-2025 rally, with recent levels approaching multi-year highs (the National Truckload Index is at $2.75 per mile according to SONAR, inclusive of fuel).
However, if spot rates had simply matched the cumulative growth in CPI since March 2020 — before freight markets initially surged early in the pandemic — they would be significantly higher, closer to the equivalent of $3.50 per mile or more. That’s a substantial gap of roughly 27%.
Spot-contract gap collapses to near four-year low
Freight Waves Zach Strickland January 17, 2026
The spread between dry van truckload spot rates and contract rates shrank at its fastest pace since the onset of COVID this past December, offering a clear signal of the trucking market’s growing fragility.
J.B. Hunt Misses Revenue Estimates on Freight Slump
Transport Topics/Bloomberg News Rachel Phua January 16, 2026
J.B. Hunt handled fewer longhaul, coast-to-coast shipments during the quarter, with intermodal volumes shifting toward shorter hauls in the eastern U.S. Transcontinental loads fell 6% from a year earlier, while volumes in the company’s Eastern network rose 5%, reflecting continued demand for shorter routes and highway-to-rail conversions.
Texas Cancels 6,400 CDLs for Immigrant Drivers
Transport Topics/San Antonio Express News Bayliss Wagner January 16, 2026
Texas has quietly canceled more than 6,400 commercial driver licenses for asylum recipients, refugees and DACA recipients in the state since November as it seeks to carry out the Trump administration’s crackdown on immigrant workers.
Preliminary Net Trailer Order Activity Reached a Level Not Seen in Two Years
ACT Research January 16, 2026
Preliminary net trailer orders in December were up nearly 13,400 units from November’s 11,900-unit level, a 112% month-to-month increase. At 25,300 units booked in December, order intake was almost 5% above December 2024’s level. Seasonal adjustment (SA) at this point in the annual order cycle lowers the monthly tally to 18,600 units.
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