Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from ...

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

FedEx Freight recorded revenue of $9.4 billion in fiscal 2024, and according to FedEx Corp., has increased operating profit by almost 25% every year for the past five years. It generated revenue of ...

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

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

On Wednesday, FedEx Corp (FDX) stock saw a decline, ending the day at $276.59 which represents a decrease of $-1.03 or -0.37% from the prior close of $277.62. The stock opened at $280.5 and touched a ...

FedEx Corp (FDX) stock saw a decline, ending the day at $275.1 which represents a decrease of $-2.27 or -0.82% from the prior close of $277.37. The stock opened at $276.85 and touched a low of $274.7 ...

FedEx’s overall revenue for the quarter was $22.0 billion, down slightly from a year earlier, and executives have lowered their top-line forecast for the company’s fiscal 2025 to be flat from ...

With a focus on safety, facility utilization, revenue quality, and operational efficiency, FedEx Freight has maintained its leading market share position while increasing operating profit by ...

The Federal Express Shipment Center on Federico Drive will close later this year. This is attributed to the "evolving needs ...

It has been a challenging period for the package delivery industry. To unlock more value, FedEx plans to spin off its freight business. UPS is an exciting turnaround play, and its stock offers a ...

The unit's revenue fell 11% to $2.17 billion during the fiscal second quarter ended Nov. 30. Executives said FedEx Freight lost some cost-conscious customers that it had picked up after the ...