FedEx FDX-N +3.37% announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures ...

FedEx's top executives explained the factors that led to the decision, after months of deliberation, to spin out the ...

FedEx announces its plan to spin-off its less-than-truckload freight business, FedEx Freight, to streamline its core ...

ShipMatrix president Satish Jindel attributed the market’s attitude toward FedEx Freight's planned spin off to several ...

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

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take ...

The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, ...

In a move that’s sending ripples through the logistics world, FedEx announced its decision to spin off its ...

Major delivery services like UPS, FedEx and the U.S.P.S., offer options for domestic and international shipping but deadlines ...

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

The firm made 47% of its income from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment, in the fiscal year 2024, which concluded in May.

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