The Company intends to execute the planned separation through a capital markets transaction, creating two independent, ...
FedEx Corp. has announced plans to separate FedEx Freight into its own publicly traded company. The separation will be completed within the next 18 months and will "allow for more customized ...
Wall Street analysts offered overall positive initial reactions to the Dec. 19 news that FedEx Corp. plans to by 2026 spin ...
FedEx lowered its full-year fiscal 2025 forecast, and now expects flat revenue compared to a prior forecast of a low ...
Logistics and parcel delivery are vital in global commerce, ensuring goods flow seamlessly across borders. With growing ...
FedEx Freight, which is set to become a separate publicly traded company, contributed $9.4 billion in revenue in 2023. This ...
The board of FedEx has agreed to separate FedEx and FedEx Freight into two public companies with the reasoning that ...
Financial writer recommends investors to focus on FDX's spun-off Freight entity post lackluster Q2 report and downward ...
The trucking industry is still trying to recover from a prolonged freight recession brought on by an excess of capacity that ...
FedEx shares moved sharply higher in extended trading on Thursday after the shipping giant announced plans to spin off its ...
Federal Express’ strategy for improving profitability and soft parcel volumes includes redeploying aircraft for daytime ...
It has been a rough year for the transportation sector. Could 2025 signal a brighter road ahead? BofA Securities ...