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

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

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

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

Investors will be looking for a solid report and clues about the health of the U.S. economy. All that might take a back seat ...

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

FedEx was trading up $22 near $299 per share, after reporting their fiscal Q2 ’25 financial results the night before ...

while FedEx will continue to handle the parcel shipping business that shoppers might be more familiar with as their holiday packages arrive. The separation will happen over the next 18 months ...

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

FedEx Supply Chain is laying off 70 people in York County. The company filed a Worker Adjustment and Retraining Notification ...

Financial writer recommends investors to focus on FDX's spun-off Freight entity post lackluster Q2 report and downward ...

The surprising aspect to the report was that FedEx lowered forward guidance (again) for the core business (i.e. Express and Ground). The point is FedEx opened for trading that Friday morning ...