FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded less-than-truckload carrier in North America in the process ...

FedEx Corp. suspended about 1,400 customers of its Freight shipping service earlier this month, a move that surprised customers and was aimed at easing a congested network taxed by relentless package ...

On December 19, 2024, FedEx Corp. (NYSE: FDX, $278.66, Market Capitalization: $67.1 billion) announced that its Board of Directors had concluded a comprehensive assessment of the role of FedEx Freight ...

FedEx Corp. has named the leadership team for its soon-to-be-independent less-than-truckload freight division, with longtime executive John Smith tapped as CEO and veteran board member R. Brad Martin ...

FedEx Corp. shares soared after the company said it plans to spin off its freight division into a separate publicly traded company in a deal that will streamline the parcel giant. With revenue of $9.4 ...

FedEx would create two standalone companies; stock rallies 8% on the news FedEx Corp. said late Thursday it plans to spin off its FedEx Freight unit and create two publicly traded standalone companies ...

FedEx Corp. (CCJ Top 250, No.1) announced on Thursday the spin-off of its less-than-truckload freight business, FedEx Freight, to a separate publicly traded company. The spin-off is planned to be ...

FedEx Freight, the less-than-truckload unit of FedEx Corp. (NYSE:FDX), confirmed Tuesday that it is closing seven service centers across the U.S. this year as the division continues to make alignments ...