What Happened: Lane demonstrated confidence in FedEx by purchasing 333 shares, as reported in a Form 4 filing with the U.S.
FedEx FDX-N +3.37% announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures ...
FedEx's decision to spin off its freight trucking unit will strengthen that business while allowing the parcel delivery giant ...
FedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures operations to ...
The firm made 47% of its income from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment, in the fiscal year 2024, which concluded in May.
FedEx announces its plan to spin-off its less-than-truckload freight business, FedEx Freight, to streamline its core ...
FedEx will spin off FedEx Freight as a new, publicly traded company over the next 18 months, it said on Thursday.
The newly-formed Digital FTL Council includes representatives from companies such as Nordstrom, Uber Freight, J.B. Hunt and C ...
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FedEx's top executives explained the factors that led to the decision, after months of deliberation, to spin out the ...