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

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

Because of the weak market, FedEx had to reduce its year-end profit outlook for a second time in as many quarters. The ...

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

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

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

Stifel, TD Cowen and Susquehanna analysts praised the move and boosted their price targets for the delivery giant’s stock.

FedEx lowered its full-year fiscal 2025 forecast, and now expects flat revenue compared to a prior forecast of a low ...

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

ArcBest ( NASDAQ: ARCB) subsidiary ABF Freight has traditionally presented an LTL play, but the company’s asset-light ...

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

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