Analysts believe the spinoff could unlock up to $20 billion in shareholder value while clearing the way for FedEx management ...
ShipMatrix president Satish Jindel attributed the market’s attitude toward FedEx Freight's planned spin off to several ...
FedEx's Q2 earnings beat estimates despite lower revenues, driven by cost savings from the DRIVE program and share ...
FedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures operations to ...
FedEx shares have dropped over 6% since early July due to inefficiencies compared to competitors like UPS. Read my earnings ...
FedEx Corp. has announced plans to separate FedEx Freight into its own publicly traded company. The separation will be completed within the next 18 months and will "allow for more customized ...
FedEx's decision to spin off its LTL unit marks the end of an era that began nearly 30 years ago when major parcel carriers ...
Will banks, post offices and shipping services be open on Christmas Eve and Christmas? Here's what you need to know.
With the busiest time of year underway for sending and receiving packages, it also means cyberthieves are out in full force ...