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

FedEx Corp. shares soared after the company said it plans to spin off its freight division into a separate publicly traded ...

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

With revenue of $9.4bn in FY2024, FedEx Freight is largest less-than-truckload (LTL) carrier with fastest transit times.

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 truckload segment will strengthen the business while allowing the parcel delivery ...

It has been a rough year for the transportation sector. Could 2025 signal a brighter road ahead? BofA Securities ...

FedEx Freight, which is set to become a separate publicly traded company, contributed $9.4 billion in revenue in 2023. This ...

Financial writer recommends investors to focus on FDX's spun-off Freight entity post lackluster Q2 report and downward ...

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

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

FedEx's decision to spin off its freight truckload segment aims to enhance focus on core operations and unlock substantial ...