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

FedEx will spin off FedEx Freight as a new, publicly traded company over the next 18 months, it said on Thursday.

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

(Reuters) -FedEx announced the much-anticipated spinoff of its less-than-truckload freight division on Thursday, as it looks ...

FedEx Corp. (NYSE: FDX) ("FedEx") announced today the commencement of offers to exchange any and all of its outstanding senior notes of the series listed in the table below (the "Existing Notes") for ...

Shipping giant FedEx reports fiscal second-quarter earnings on Thursday evening. Investors will be looking for a solid report ...

FedEx announced the much-anticipated spinoff of its freight trucking division today, as it restructures its operations to focus on its core delivery business. Shares jumped about 9% in after-hours ...

FedEx Corp. said late Thursday it plans to spin off its FedEx Freight unit and create two publicly traded standalone companies as the shipping giant looks to unlock value for its investors.

JPMorgan raised the firm’s price target on FedEx (FDX) to $372 from $370 and keeps an Overweight rating on the shares. The “long-awaited” ...

FedEx shares moved sharply higher in extended trading on Thursday after the shipping giant announced plans to spin off its freight business as a separate public company, news that overshadowed a ...

It has been a challenging period for the package delivery industry. To unlock more value, FedEx plans to spin off its freight ...

FedEx will spin off its freight business into a new publicly traded company. FedEx Freight will separate from FedEx over the next 18 months. Express delivery services have seen slowing demand for ...