News / Signs of a slowdown in LTL as FedEx starts to furlough peak season staff

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It’s peak season – and FedEx Freight is laying-off staff.

The less-than-truckload (LTL) arm of the integrator (the largest of the US LTL carriers) will start furloughing employees in some markets next month.

These furloughs, lasting 90 days, will include a number of truck drivers and FedEx Freight, which employs about 45,000 people, has stressed that the furloughs are voluntary and takers will retain health benefits and some incentives for their participation.

These cutbacks at the busiest time of the year are in ...