The Company intends to execute the planned separation through a capital markets transaction, creating two independent, ...

Analysts believe the spinoff could unlock up to $20 billion in shareholder value while clearing the way for FedEx management ...

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

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

FedEx will spin off FedEx Freight as a new, publicly traded company over the next 18 months, it said on Thursday.

It has been a challenging period for the package delivery industry. To unlock more value, FedEx plans to spin off its freight ...

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

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

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

FedEx announces its plan to spin-off its less-than-truckload freight business, FedEx Freight, to streamline its core ...

It has been a rough year for the transportation sector. Could 2025 signal a brighter road ahead? BofA Securities ...

FedEx Freight generated $50.8 billion in collective revenue over the past five years. Last fiscal year, FedEx Freight's revenue accounted for 10.6% of FedEx's total revenue. And, as of the end of ...