Saia Renames LinkEx to Saia Logistics
Saia announced that its logistics arm, LinkEx, will begin operating as "Saia Logistics" starting this week. The change aligns Saia's freight and logistics services under a single brand, creating a simpler and more connected experience for customers. LinkEx has been part of the Saia organization for more than a decade. Moving forward, operating as Saia Logistics simply reflects how closely the Saia freight and LinkEx teams work together, bringing the carrier's ever-expanding less-than-truckload network and growing logistics capabilities under one name. The transition is a brand alignment only. There are no changes to ownership, service, pricing, agreements, or day-to-day operations. Customers will continue working with the same contacts, using the same processes and capabilities they rely on today.
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Cass Transportation Index: Freight Market Softness with Rising Rates
- Volume Decline: The Cass Freight Index reported a 7.2% month-over-month drop in shipments for December, with a year-over-year decline of 7.5%, indicating softness in the freight market despite stabilizing prices, highlighting industry challenges.
- Elevated Expenditures: Although expenditures fell by 1.9% month-over-month in December and only 0.6% year-over-year, this reflects persistent high freight costs that have not decreased as much as shipment volumes, following significant increases in 2021 and 2022.
- Truckload Index Recovery: The Cass Truckload Linehaul Index rose by 1.0% month-over-month in December and posted a 1.8% increase for 2025, recovering from declines of 10% in 2023 and 3.4% in 2024, indicating gradual market recovery.
- Future Demand Outlook: Cass Information Systems suggests that after significant destocking in Q4, a favorable Supreme Court ruling on IEEPA tariffs could act as a positive catalyst for freight demand moving forward.

FedEx (FDX) to Spin Off Freight Business on June 1, Expected Valuation Boost
- Spin-Off Announcement: FedEx (FDX) has set June 1 for the spin-off of its freight business, which currently accounts for nearly 25% of the company's operating income, potentially enhancing its valuation.
- Leadership Team: The new FedEx Freight entity will be led by CEO John Smith, with R. Brad Martin as chairman, and the board will include executives from Dollar Tree and Lowe's, indicating strong leadership.
- Investor Day Plans: FedEx Freight is scheduled to hold an investor day next spring to outline its strategies and how it plans to close the gap with industry leader Old Dominion Freight Line in terms of service levels and operating leverage.
- Market Expectations: While revenue projections for fiscal year 2026 are modest, analysts believe the spin-off could unlock long-term shareholder value, making the new entity an attractive acquisition target or accelerating sector consolidation.






