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 to focus on restructuring, potentially boosting long-term growth prospects ...

FedEx Corp. announced that the they will be splitting FedEx Freight into its own separate publicly traded company on Thursday ...

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

ODFL remains a hold with my valuation model unchanged, though the stock price is getting closer to good value. Read more here ...

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.

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 ...

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 ...

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 ...

Wealth Enhancement Advisory Services LLC raised its position in FedEx Co. (NYSE:FDX – Free Report) by 0.3% during the 4th ...

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 ...