FedEx Corp. (CCJ Top 250, No.1) announced on Thursday the spin-off of its less-than-truckload freight business, FedEx Freight, to a separate publicly traded company. The spin-off is planned to be ...
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 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 ...
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 ...
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Experts Say Added Costs From FedEx, UPS Will Drive Up Parcel Costs Through Remainder of 2025
FedEx and UPS's changes, compounded with President Donald Trump's changes to de minimis, have increased costs year on year for the express parcel market, which is expected to fall 2.1 percent above ...
(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 ...
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 ...
CHICAGO, July 23 (Reuters) - FedEx Corp's freight unit said on Monday it would cut its less-than-truckload (LTL) fuel surcharge 25 percent, sparking concerns about the impact of the move on LTL ...
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