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

The agency said the offering will reach about 87% of the U.S. daily by sending packages to its last-mile delivery units ...

FedEx International Connect Plus offers shipping benefits to e-commerce retailers and customers in UAE and Saudi Arabia ...

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FedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures operations to focus on its core delivery business.

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 ...