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

Network changes and new capabilities aim to snag market share in healthcare and automotive B2B, U.S. e-commerce, global air ...

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

FedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures its operations ...

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 ...

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 ...

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

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

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 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 ...