FedEx has named more executives to lead the divestment of the Freight subsidiary and run it as an independent company.

FedEx is rebranding its cargo jets by erasing the Express descriptor to signify there are no longer separate Express and Ground operations, just One FedEx. The post FedEx rebrands aircraft, ground ...

Two FedEx Corp. officials have been tapped for leadership roles at FedEx Freight, which is being separated into its own publicly traded company.

The separation of FedEx Freight into a publicly traded company is expected to be finalized by June 2026. Two top officials at FedEx Corp. have been tapped for leadership positions at FedEx Freight ...

FedEx’s stock 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 view ...

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.

FILE PHOTO: A FedEx Express logo is seen on an airplane at Paris Charles de Gaulle airport in Roissy-en-France in France, May 25, 2020. Picture taken May 25, 2020. REUTERS/Charles Platiau/File Photo ...

FedEx 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 full separation of FedEx Freight ...

FedEx announced the much-anticipated spinoff of its freight trucking division today, as it restructures its operations to focus on its core delivery business. Shares jumped about 9% in after-hours ...