FedEx (FDX) is set to split in two by spinning off its FedEx Freight division, creating a new standalone public company. The ...

FedEx Corp. executives will separate their less-than-truckload operation, the country’s largest, into its own public company, a move analysts predicted this summer when the Memphis-based shipping ...

Ben Ames has spent 30 years as a journalist since starting out as a reporter for daily newspapers in Pennsylvania and Massachusetts. He has focused on business and technology reporting since 1999 for ...

Carriers including XPO, Old Dominion, FedEx Freight and TFI report drops in tonnage as soft demand prolongs a three-year ...

The rise of e-commerce continues to disrupt logistics and supply chain operations, driving the need for faster, more efficient delivery models. As consumer demands evolve, traditional freight methods ...

FedEx Corp. plans to spin off FedEx Freight and create a new publicly traded company within the next 18 months. The move will allow each company to continue to pursue its own growth strategies, with ...

Leaders of FedEx Corp. said the company’s market-leading less-than-truckload division should see revenues and operating margins grow this quarter, helped by strong pricing even though volume growth ...

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 process ...

(RTTNews) - FedEx Corp. (FDX) Thursday announced its plans to spin-off its FedEx Freight division. Following the news, shares of the company gained nearly 10% in after-hours trading session. The ...

BofA analyst raises FedEx price target to $348, expecting value creation through separation and operational improvements. FedEx's FY25 and FY26 EPS estimates increased by 2%, with benefits from ...

CHICAGO, July 23 (Reuters) - FedEx Corp's freight unit said on Monday it would cut its less-than-truckload (LTL) fuel surcharge 25 percent, sparking concerns about the impact of the move on LTL ...

15th Annual Rail/Intermodal Roundtable: Seeking growth drivers amid big M&A questions The 15th Annual Rail/Intermodal Roundtable examines the current state of the U.S. rail and intermodal markets, ...