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 with the reasoning that "separation unlocks significant ...

FedEx will spin off FedEx Freight as a new, publicly traded company over the next 18 months, it said on Thursday.

Parcel delivery giant FedEx (NYSE:FDX) said Thursday it has decided to pursue a tax-free separation of FedEx Freight, ...

FedEx is the latest to jump on the bandwagon. The US logistics group plans to split out its higher margin freight trucking division into a separate publicly listed company. While the move should ...

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

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

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

FedEx shares moved sharply higher in extended trading on Thursday after the shipping giant announced plans to spin off its ...

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

FedEx's decision to spin off its LTL unit marks the end of an era that began nearly 30 years ago when major parcel carriers ...

Post offices are closing on Christmas Day and mail will not be delivered. The U.S. Postal Service recognizes Christmas Day as a holiday on its website. The U.S. Postal Service will be operating ...