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

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

Analysts believe the spinoff could unlock up to $20 billion in shareholder value while clearing the way for FedEx management ...

It has been a challenging period for the package delivery industry. To unlock more value, FedEx plans to spin off its freight ...

FedEx's decision to spin off its freight truckload segment will strengthen the business while allowing the parcel delivery ...

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

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

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

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

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

FedEx saw fiscal second-quarter earnings come in slightly above analyst expectations Thursday as the company also announced ...

The company has been under pressure to unlock shareholder value and streamline operations.