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 ...

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FedEx saw fiscal second-quarter earnings come in slightly above analyst expectations Thursday as the company also announced plans to spin off its freight business into a separate public company ...

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Analysts believe the spinoff could unlock up to $20 billion in shareholder ... They say FedEx Freight assets were not fully appreciated within FedEx and that spinning off the trucking business ...

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In other recent news, FedEx has made significant strategic decisions, including the spin-off of its Less-Than-Truckload (LTL ... efficiencies and anticipated benefits from the LTL Freight business ...