FedEx said its board approved the spinoff of its freight business, clearing the way for the long-planned separation of FedEx Freight from its parent on June 1. The breakup, first announced in late ...

FedEx Corporation (FDX) announced that its board approved the tax-free spinoff of FedEx Freight to be completed June 1. On ...

FedEx has received final board and regulatory approvals to spin off its FedEx Freight segment as a separate company. Shares ...

FedEx Corporation is undergoing a pivotal transformation with the June 2026 spin-off of FedEx Freight. Read why I upgrade FDX ...

FedEx (FDX) is back in focus after confirming plans to spin off FedEx Freight on June 1, 2026, along with progress on cost ...

FedEx ⁠said on ​Wednesday ‌it ‌would ⁠allot its shareholders ⁠one share ​of ​the freight ⁠unit it ⁠is ⁠hiving off ​for every ...

April 8 (Reuters) - FedEx Freight, the trucking company separating from the overnight delivery firm this summer, is expected to report an operating margin of 12% this year, incoming ‌CEO John Smith ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The Memphis-based logistics ...

MEMPHIS, Tenn. - FedEx Corporation intends to separate FedEx Freight from the parent corporation, turning it into a new company. FedEx announced Thursday that its Board of Directors finished an ...

FedEx Corp. named Marshall Witt chief financial officer of FedEx Freight effective Oct. 15 as the unit prepares for its planned spinoff. Witt, a former FedEx executive and recent TD SYNNEX CFO, brings ...

[Stay on top of transportation news: Get TTNews in your inbox.] FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.