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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’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 ...
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 ...
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 ...
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 has said it will spin off its freight division, as the parcel shipping group responds to investor calls to simplify its sprawling logistics network.
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 ...