LTL - FedEx's DRIVE initiative and expected cost savings key to FQ4 results
2024-06-24 12:36:22 ET
Raymond James trimmed its price target for the major less-than-truckload ( LTL ) freight carriers (FDX, SAIA, XPO, ODFL) but maintained a bullish outlook as the overall tonnage environment seems to have returned to more historical patterns given that March was the first time in more than 2 years that public LTL tonnage exceeded industrial production. ...
FedEx's DRIVE initiative and expected cost savings key to FQ4 results