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

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 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 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 shares eked out a less than 1% gain in early-afternoon trading on Friday after the bellwether for global trade also reduced annual profit forecast late on Thursday. FedEx Freight ...

If you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want ...

FedEx cited improved focus ... It returned to volume growth in its second quarter and profit growth in its third quarter. The company has an improved outlook for 2025. In addition to industrywide ...

These challenges and inflationary pressures have made it difficult for the company to maintain profit margins. Despite this, FedEx has managed to keep its footing, thanks partly to its global ...

FedEx's stock (FDX) rose a modest 0.7% as investors weighed the positive spinoff scenario against the delivery company's lowered 2025 profit outlook of $19 to $20 a share, down from its earlier ...

Fedex Express UK Transportation saw turnover and profit fall in the year to 31 May 2023, as falling volumes and the company's ...