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

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

The parcel giant’s planned move raises questions about timing, leadership and impact on the rest of the LTL market. Here’s what we know so far.

They also say FedEx Freight assets were not fully appreciated within FedEx and that spinning that business off as an ...

MEMPHIS, Tenn. — FedEx will spin off its FedEx Freight division, creating a new publicly traded company, the board of directors announced Thursday. The separation is expected to be completed in ...

FedEx has decided to spin off its freight trucking division, moving to streamline its structure and unlock value that some ...

On December 19, 2024, FedEx Corp. (NYSE: FDX, $278.66, Market Capitalization: $67.1 billion) announced that its Board of Directors had concluded a comprehensive assessment of the role of FedEx ...

FedEx has announced its intention to split FedEx Freight into an independent, publicly listed company within the next 18 ...

The FedEx shipping center on Airport Road will be permanently closing March 1, the company announced in an e-mail earlier ...

In the immediate aftermath of FedEx Corp.’s decision to separate out FedEx Freight into a new public company, analysts that cover FedEx have questions about the transition and its impact on the ...

FedEx Corp. has announced plans to separate FedEx Freight into its own publicly traded company. The separation will be completed within the next 18 months and will "allow for more customized ...

MEMPHIS, Tenn. - FedEx Corporation intends to separate FedEx Freight from the parent corporation, turning it into a new company. FedEx announced Thursday that its Board of Directors finished an ...