The Company intends to execute the planned separation through a capital markets transaction, creating two independent, ...

FedEx's decision to spin off its freight trucking unit will strengthen that business while allowing the parcel delivery giant ...

FedEx's top executives explained the factors that led to the decision, after months of deliberation, to spin out the ...

Stifel, TD Cowen and Susquehanna analysts praised the move and boosted their price targets for the delivery giant’s stock.

FedEx's decision to spin off its freight truckload segment will strengthen the business while allowing the parcel delivery ...

ShipMatrix president Satish Jindel attributed the market’s attitude toward FedEx Freight's planned spin off to several ...

FedEx's decision to spin off its LTL unit marks the end of an era that began nearly 30 years ago when major parcel carriers ...

FedEx announces its plan to spin-off its less-than-truckload freight business, FedEx Freight, to streamline its core ...

Federal Express (FDX) has announced plans to spinoff its less-than-truckload freight division as it pivots to focus on its ...

The company has been under pressure to unlock shareholder value and streamline operations.

The two companies will maintain commercial agreements and continue to work together. FedEx in June said it was reviewing the ...

Because of the weak market, FedEx had to reduce its year-end profit outlook for a second time in as many quarters. The ...