FedEx will spin off FedEx Freight as a new, publicly traded company over the next 18 months, it said on Thursday.
FedEx Corp. is warning customers that delays and disruptions to shipments are possible as another winter storm system moves ...
FedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures operations to focus on its core delivery business.
(Bloomberg) -- FedEx Corp. shares soared after the company said it plans to spin off its freight division into a separate publicly traded company in a deal that will streamline the parcel giant.
Logistics and parcel delivery are vital in global commerce, ensuring goods flow seamlessly across borders. With growing ...
Jindel's firm analyzes shipping data for companies, including FedEx. He said a more defined separation of the two companies — instead of FedEx Freight retaining its name — likely would have ...
FedEx shares moved sharply higher in extended trading on Thursday after the shipping giant announced plans to spin off its freight business as a separate public company, news that overshadowed a ...
To help you know when you need to have gifts wrapped and on the way, the U.S. Postal Service, FedEx and UPS have posted holiday deadlines for shipping packages. In anticipation of the rush ...
FedEx Freight will separate from FedEx over the next 18 months. Express delivery services have seen slowing demand for their services. FedEx is spinning off its freight arm into a new publicly ...