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

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 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 ...

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

Dec 19 (Reuters) - FedEx (FDX.N), opens new tab announced the much-anticipated spinoff of its freight trucking division on ...

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 ...

ArcBest ( NASDAQ: ARCB) subsidiary ABF Freight has traditionally presented an LTL play, but the company’s asset-light ...

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

The board of FedEx has agreed to separate FedEx and FedEx Freight into two public companies with the reasoning that ...

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