In recent weeks, FedEx has advanced the planned spin-off of its FedEx Freight business, filing a Form-10 registration ...

FedEx Corp. plans to spin off FedEx Freight and create a new publicly traded company within the next 18 months. The move will allow each company to continue to pursue its own growth strategies, with ...

FedEx Corp. President and CEO Raj Subramaniam said the company's vision is to "make supply chains smarter for everyone.” ...

MEMPHIS, Tenn. - FedEx Corporation intends to separate FedEx Freight from the parent corporation, turning it into a new company. FedEx announced Thursday that its Board of Directors finished an ...

FedEx is spinning off its freight arm into a new publicly traded company. Called FedEx Freight, the new company will handle large cargo, while FedEx will continue to handle the parcel shipping ...

FedEx reported its fiscal Q4 ’24 earnings results on June 25th after the closing bell, and the stock rose $39, or 15%, on June 26th on heavy volume. The potential spinning off of Freight, disclosed in ...

FedEx Corp. dropped a bomb on the market Tuesday afternoon with the announcement that it will do an “assessment” of its freight unit. Investors seemed to like the move, pushing up the shares as much ...

FedEx stock is up double-digits after its quarterly report, but it is still reasonably priced with good growth prospects and cost-saving initiatives. FedEx Freight can offer a good value-creation ...

Editor's note: This story has been updated to show FedEx clarified there have been four rounds of furloughs at FedEx Freight since November. For the fourth time in six months, FedEx Freight has ...