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

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

Shares of logistics firm United Parcel Service were up early Wednesday after a couple of positive actions from Wall Street ...

The company said Thursday evening that it would separate its freight business, leaving two publicly traded companies—as investors had hoped. FedEx stock jumped 8.2% to $298.50 i ...

JPMorgan raised the firm’s price target on FedEx (FDX) to $372 from $370 and keeps an Overweight rating on the shares. The “long-awaited” ...

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

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

(Reuters) -FedEx (FDX) announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures operations to focus on its core delivery business. Shares jumped 7% ...

FedEx Corp. (NYSE: FDX) ("FedEx") announced today the commencement of offers to exchange any and all of its outstanding senior notes of the series listed in the table below (the "Existing Notes") for ...

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

In a report released today, Brian Ossenbeck from J.P. Morgan maintained a Buy rating on FedEx (FDX – Research Report), with a price target of ...