FedEx Freight, which is set to become a separate publicly traded company, contributed $9.4 billion in revenue in 2023. This ...

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

Stifel, TD Cowen and Susquehanna analysts praised the move and boosted their price targets for the delivery giant’s stock.

Because of the weak market, FedEx had to reduce its year-end profit outlook for a second time in as many quarters. The ...

The company has been under pressure to unlock shareholder value and streamline operations.

FedEx Corp. shares soared after the company said it plans to spin off its freight division into a separate publicly traded ...

FedEx saw fiscal second-quarter earnings come in slightly above analyst expectations Thursday as the company also announced ...

FedEx lowered its full-year fiscal 2025 forecast, and now expects flat revenue compared to a prior forecast of a low ...

The board of FedEx has agreed to separate FedEx and FedEx Freight into two public companies with the reasoning that ...

FedEx's decision to spin off its LTL unit marks the end of an era that began nearly 30 years ago when major parcel carriers ...

ArcBest ( NASDAQ: ARCB) subsidiary ABF Freight has traditionally presented an LTL play, but the company’s asset-light ...

Wall Street analysts offered overall positive initial reactions to the Dec. 19 news that FedEx Corp. plans to by 2026 spin ...