FedEx's top executives explained the factors that led to the decision, after months of deliberation, to spin out the ...
FedEx FDX-N +3.37% announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures ...
The freight industry is experiencing a notable shake-up this week, with several key developments signaling potential ...
The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, ...
ShipMatrix president Satish Jindel attributed the market’s attitude toward FedEx Freight's planned spin off to several ...
The two entities will both operate under the FedEx brand and maintain close ties on “key commercial, operational, and ...
FedEx Freight is the largest U.S. provider of less-than-truckload services, which involve carrying multiple ... like United ...
FedEx's decision to spin off its freight trucking unit will strengthen that business while allowing the parcel delivery giant ...
FedEx Corp. plans to spin off FedEx Freight and create a new publicly traded company within the next 18 months.
The firm made 47% of its income from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment, in the fiscal year 2024, which concluded in May.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take ...