The Company intends to execute the planned separation through a capital markets transaction, creating two independent, ...
FedEx lowered its full-year fiscal 2025 forecast, and now expects flat revenue compared to a prior forecast of a low ...
FedEx was trading up $22 near $299 per share, after reporting their fiscal Q2 ’25 financial results the night before ...
The board of FedEx has agreed to separate FedEx and FedEx Freight into two public companies with the reasoning that ...
FDX stock falls due to downtrend from earnings and plans to separate Freight Unit. Weak action and no rebound suggest further ...
An EV manufacturer made layoffs, a wheel supplier filed for bankruptcy, and FedEx announced plans to separate its LTL ...
ShipMatrix president Satish Jindel attributed the market’s attitude toward FedEx Freight's planned spin off to several ...
When you['re doing your last-last-last minute shopping and shipping, will banks or the post office be open on Christmas Eve?
Wall Street analysts offered overall positive initial reactions to the Dec. 19 news that FedEx Corp. plans to by 2026 spin ...
FedEx (FDX) shares bounced after the company's earnings report even as sales declined and guidance was lowered thanks to a long-anticipated reorganization announcement that analysts say will drive ...
The trucking industry is still trying to recover from a prolonged freight recession brought on by an excess of capacity that ...
The freight industry is experiencing a notable shake-up this week, with several key developments signaling potential ...