FedEx (FDX) is set to split in two by spinning off its FedEx Freight division, creating a new standalone public company. The separation is scheduled to be completed on June 1, following a long ...

FedEx Corp. executives will separate their less-than-truckload operation, the country’s largest, into its own public company, a move analysts predicted this summer when the Memphis-based shipping ...

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 ...

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 ...

The rise of e-commerce continues to disrupt logistics and supply chain operations, driving the need for faster, more efficient delivery models. As consumer demands evolve, traditional freight methods ...

(RTTNews) - FedEx Corp. (FDX) Thursday announced its plans to spin-off its FedEx Freight division. Following the news, shares of the company gained nearly 10% in after-hours trading session. The ...

FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded less-than-truckload carrier in North America in the process ...

Leaders of FedEx Corp. said the company’s market-leading less-than-truckload division should see revenues and operating margins grow this quarter, helped by strong pricing even though volume growth ...

With FedEx Corp.’s flag now planted squarely in the less-than-truckload sector, industry speculation has turned toward arch-competitor United Parcel Service for the next likely move. FedEx, the second ...