We recently compiled a list of the 11 Best Logistics Stocks to Invest in Right Now. In this article, we are going to take a ...
The Company intends to execute the planned separation through a capital markets transaction, creating two independent, ...
Analysts believe the spinoff could unlock up to $20 billion in shareholder value while clearing the way for FedEx management ...
FedEx will spin off FedEx Freight as a new, publicly traded company over the next 18 months, it said on Thursday.
Logistics and parcel delivery are vital in global commerce, ensuring goods flow seamlessly across borders. With growing ...
ArcBest ( NASDAQ: ARCB) subsidiary ABF Freight has traditionally presented an LTL play, but the company’s asset-light ...
FedEx Corporation intends to separate FedEx Freight from the parent corporation, turning it into a new company.
The board of FedEx has agreed to separate FedEx and FedEx Freight into two public companies with the reasoning that ...
The two companies will maintain commercial agreements and continue to work together. FedEx in June said it was reviewing the ...
FedEx saw fiscal second-quarter earnings come in slightly above analyst expectations Thursday as the company also announced ...
FedEx announces its plan to spin-off its less-than-truckload freight business, FedEx Freight, to streamline its core ...
FedEx Freight generated $50.8 billion in collective revenue over the past five years. Last fiscal year, FedEx Freight's revenue accounted for 10.6% of FedEx's total revenue. And, as of the end of ...