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 ...

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 will spin off its freight business into a new publicly traded company. FedEx Freight will separate from FedEx over the next 18 months. Express delivery services have seen slowing demand for ...

FedEx is spinning off its freight arm into a new publicly traded company. Called FedEx Freight, the new company will handle large cargo, while FedEx will continue to handle the parcel shipping ...

FedEx Corp. said Thursday it will move forward with a plan to spin off FedEx Freight, the nation’s largest LTL carrier, which experts say could be worth as much as $30 billion. Details ...

Today, FedEx (NYSE:FDX) is making headlines with its announcement to spin off its FedEx Freight division into a separate publicly traded company. FedEx shares rose 4.9% following the announcement.

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 ...

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 ...

MBJ reached out to multiple analysts for their perspective on FedEx's decision to spin out FedEx Freight. In the immediate aftermath of FedEx Corp.’s decision to separate out FedEx Freight into ...

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 ...

The company states: “FedEx (FDX) announced that its Board of Directors has concluded a comprehensive assessment of the role of FedEx Freight as part of its portfolio and has decided to pursue a ...