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

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

Wall Street analysts offered overall positive initial reactions to the Dec. 19 news that FedEx Corp. plans to by 2026 spin ...

FedEx's decision to spin off its freight trucking unit will strengthen that business while allowing the parcel delivery giant ...

Logistics and parcel delivery are vital in global commerce, ensuring goods flow seamlessly across borders. With growing ...

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

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

FedEx lowered its full-year fiscal 2025 forecast, and now expects flat revenue compared to a prior forecast of a low ...

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

FedEx reported an 18 percent decline in operating income at $1.05 billion for the second quarter ended November 30, 2024 on ...

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

FedEx FDX1.00%increase; green up pointing triangle has decided to spin off its freight trucking division, moving to ...