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.

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

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

Because of the weak market, FedEx had to reduce its year-end profit outlook for a second time in as many quarters. The ...

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 two companies will maintain commercial agreements and continue to work together. FedEx in June said it was reviewing the ...

Christmas is approaching, and it’s important to plan ahead to ensure your packages reach friends and family across the ...

FedEx shares moved sharply higher in extended trading on Thursday after the shipping giant announced plans to spin off its ...

Have gifts you need to ship to loved ones? Here are the shipping deadlines for holiday gift deliveries for the U.S. Postal ...

FedEx Freight will separate from FedEx over the next 18 months. Express delivery services have seen slowing demand for their services. FedEx is spinning off its freight arm into a new publicly ...