FedEx announced the much-anticipated spinoff of its freight trucking division today, as it restructures its operations to focus on its core delivery business. Shares jumped about 9% in after-hours ...

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. said late Thursday it plans to spin off its FedEx Freight unit and create two publicly traded standalone companies as the shipping giant looks to unlock value for its investors. The move ...

(Reuters) -Delivery giant FedEx said on Monday it has appointed insider John Smith as CEO of its freight trucking spinoff, FedEx Freight. Smith, who is the chief operating officer of the company's U.S ...

FedEx cut its full-year outlook and posted mixed results in its fiscal second quarter, deciding to spin off its freight trucking division to streamline its structure as it continues to face weaker ...

Ben Ames has spent 30 years as a journalist since starting out as a reporter for daily newspapers in Pennsylvania and Massachusetts. He has focused on business and technology reporting since 1999 for ...

(Reuters) -FedEx said on Monday it has appointed former company executive Marshall Witt as the finance chief of its freight trucking unit, effective October 15, completing the leadership team for the ...

FedEx has decided to spin off its freight trucking division, moving to streamline its structure and unlock value that some shareholders argue has been lost inside the delivery giant. FedEx Freight is ...

We recently compiled a list of the 9 Best Trucking Stocks To Buy. In this article, we are going to take a look at where FedEx Corporation (NYSE:FDX) stands against the other best trucking stocks.

FedEx announced the much-anticipated spinoff of its less-than-truckload freight division on Thursday, as it looks to restructure its operations and focus more on its core delivery business, sending ...

FedEx would create two standalone companies; stock rallies 8% on the news FedEx Corp. said late Thursday it plans to spin off its FedEx Freight unit and create two publicly traded standalone companies ...