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

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

Logistics and parcel delivery are vital in global commerce, ensuring goods flow seamlessly across borders. With growing ...

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

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

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

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

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 ...

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

FedEx's decision to spin off its freight truckload segment will strengthen the business while allowing the parcel delivery ...

The trucking industry is still trying to recover from a prolonged freight recession brought on by an excess of capacity that ...