FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded less-than-truckload carrier in North America in the process ...
Memphis-based FedEx Corp. has filed the Form 10 registration statement with the SEC in the planned spin-off of FedEx Freight.
[Stay on top of transportation news: Get TTNews in your inbox.] FedEx Freight will delay introducing enforcement of National Motor Freight Classification updates for 150 days until Dec. 1, the ...
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. announced Wednesday, Sept. 29, that FedEx Freight and FedEx National LTL will implement 6.9 percent general rate increases effective Nov. 1. These rate increases apply to interstate and ...
Investing.com -- Loop Capital upgraded FedEx Corp (NYSE:FDX) to "buy" from "hold", also raised its price target to $365 from $288, factoring the value creation from the planned spin-off of its FedEx ...
FedEx Corp. announced today it would re-brand its two LTL operating companies, American Freightways (AF) and Viking Freight, as FedEx Freight. They will continue to maintain separate operations to ...
FedEx Freight expects flat to modest revenue growth through its planned mid-2025 spinoff amid weak demand and excess capacity. LTL operating margins fell to 16% as shipments remain steady, reflecting ...