FedEx's top executives explained the factors that led to the decision, after months of deliberation, to spin out the ...

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FedEx announces its plan to spin-off its less-than-truckload freight business, FedEx Freight, to streamline its core ...

ShipMatrix president Satish Jindel attributed the market’s attitude toward FedEx Freight's planned spin off to several ...

The freight industry is experiencing a notable shake-up this week, with several key developments signaling potential ...

FedEx's decision to spin off its freight trucking unit will strengthen that business while allowing the parcel delivery giant ...

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FedEx Corp. plans to spin off FedEx Freight and create a new publicly traded company within the next 18 months.

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The firm made 47% of its income from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment, in the fiscal year 2024, which concluded in May.

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(Reuters) -FedEx announced the much-anticipated spinoff of its less-than-truckload freight division on Thursday, as it looks to restructure its operations and focus more on its core delivery business.