FedEx Corp. executives will separate their less-than-truckload operation, the country’s largest, into its own public company, a move analysts predicted this summer when the Memphis-based shipping ...
The rise of e-commerce continues to disrupt logistics and supply chain operations, driving the need for faster, more efficient delivery models. As consumer demands evolve, traditional freight methods ...
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Freight Recession Drags On: Trucking Volumes Slide Again Despite Capacity Exits
Carriers including XPO, Old Dominion, FedEx Freight and TFI report drops in tonnage as soft demand prolongs a three-year ...
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 ...
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 ...
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 is spinning off its less-than-truckload (LTL) business. After months of debate on what to do with FedEx Freight, the logistics giant decided it would separate the division into a standalone ...
(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 would create two standalone companies; stock rallies 8% on the news FedEx Corp. said late Thursday it plans to spin off its FedEx Freight unit and create two publicly traded standalone companies ...
BofA analyst raises FedEx price target to $348, expecting value creation through separation and operational improvements. FedEx's FY25 and FY26 EPS estimates increased by 2%, with benefits from ...
A software system currently being used to help small and medium retailers and manufacturers manage multiple shipments via FedEx Express and FedEx Ground will now be offered by FedEx Freight as well – ...
15th Annual Rail/Intermodal Roundtable: Seeking growth drivers amid big M&A questions The 15th Annual Rail/Intermodal Roundtable examines the current state of the U.S. rail and intermodal markets, ...
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