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 ...

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

FedEx first breathed word it was considering the separation of its freight business in the summer, saying it would make a ...

FedEx shares moved sharply higher in extended trading on Thursday after the shipping giant announced plans to spin off its ...

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

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 ...

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

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

FedEx is spinning off its freight arm into a new publicly traded company. Called FedEx Freight, the new company will handle large cargo, while FedEx will continue to handle the parcel shipping ...

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 ...