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 ...

FedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures operations to focus on its core delivery business. Shares jumped 8% in after-hours trading ...

FedEx (NYSE:FDX) is spinning off its FedEx Freight unit as an independent company, using proceeds from a private debt ...

In recent months, FedEx has advanced its multi-year DRIVE and Network 2.0 transformation programs, while outlining plans to separate FedEx Freight into an independent, publicly traded company by June ...

MEMPHIS, Tenn. - FedEx announced that it will close 29 of its Freight locations and consolidate its operations into other locations. FedEx said that the furlough for certain job classes, starting May ...

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 ...

[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 ...

FedEx Corp. has named John A. Smith as President and CEO of FedEx Freight and R. Brad Martin as Chairman of the Board. Both Smith and Martin currently hold leadership positions at FedEx Corp. and will ...