FedEx has named more executives to lead the divestment of the Freight subsidiary and run it as an independent 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 Freight, the less-than-truckload arm unit of FedEx, ... The FedEx logo sign is seen on the side of a building.

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 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 ...

Shares rise less than 1% Stand alone FedEx Freight could be worth $30 bln-$35 bln - analyst Less-than-truckload market to benefit from spinoff Dec 20 (Reuters) - FedEx's (FDX.N), opens new tab ...

Investing.com -- FedEx Corporation (NYSE:FDX) could unlock $10 billion to $20 billion in incremental shareholder value by ...

Dec 19 (Reuters) - FedEx (FDX.N), opens new tab announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures operations to focus on its core delivery ...

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.

FedEx Freight is the corporation’s (NYSE: FDX) best-performing segment, with operating margins of 20% each of the past two years compared with margins of 11.8% for Ground and 2% for Express in 2023.

FedEx announced on Monday it will close 29 FedEx Freight locations, furloughing another round of employees as a result of slowing demand. The closures will be in effect by August 13, and the ...