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

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

FedEx will spin off its freight business into a new publicly traded company. FedEx Freight will separate from FedEx over the next 18 months. Express delivery services have seen slowing demand for ...

FedEx shares moved sharply higher in extended trading on Thursday after the shipping giant announced plans to spin off its freight business as a separate public company, news that overshadowed a ...

The company states: “FedEx (FDX) announced that its Board of Directors has concluded a comprehensive assessment of the role of FedEx Freight as part of its portfolio and has decided to pursue a ...