FedEx Corp. (CCJ Top 250, No.1) announced on Thursday the spin-off of its less-than-truckload freight business, FedEx Freight, to a separate publicly traded company. The spin-off is planned to be ...
Memphis-based FedEx Corp. has filed the Form 10 registration statement with the SEC in the planned spin-off of FedEx Freight.
(RTTNews) - FedEx Corp. (FDX) Thursday announced its plans to spin-off its FedEx Freight division. Following the news, shares of the company gained nearly 10% in after-hours trading session. The ...
FedEx Freight to be the largest North American less-than-truckload (“LTL”) freight carrier with industry-leading transit times and service levels, offering scale, speed, choice, and reliability to ...
2025 Digital Freight Matching Roundtable: From spot chaos to smart capacity AI-driven digital freight matching platforms are transforming the brokerage landscape ...
Two weeks ahead of its first quarter earnings call, FedEx officially unveiled its new financial reporting structure as part of its “One FedEx” consolidation plan. In a Tuesday filing with the ...
FedEx Corp. isn’t done with its reorganization. The Memphis, Tenn.-based courier has its eye on its freight operations, a move that could see a sale of the LTL (less-than-truckload) business. “Our ...
FedEx Corp. plans to spin off FedEx Freight and create a new publicly traded company within the next 18 months. The move will allow each company to continue to pursue its own growth strategies, with ...
Under the plan, FedEx will spin off its LTL unit as a standalone company. Rothschild expects the new business to trade in line with listed peers, supported by its scale and similar trends in revenue ...
Ben Ames has spent 30 years as a journalist since starting out as a reporter for daily newspapers in Pennsylvania and Massachusetts. He has focused on business and technology reporting since 1999 for ...
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