FedEx Freight, the less-than-truckload business, and Ground linehaul are also sharing equipment and coordinating routes more than in the past. Story Continues FedEx is merging the Express and ...

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 ...

(Reuters) -FedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures operations to focus on its core delivery business. Shares jumped 8% in ...

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 ...

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'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 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 ...