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

Logistics and parcel delivery are vital in global commerce, ensuring goods flow seamlessly across borders. With growing ...

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.

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

FedEx's decision to spin off its LTL unit marks the end of an era that began nearly 30 years ago when major parcel carriers ...

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

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

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

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

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 ...