FedEx announced the much-anticipated spinoff of its freight trucking division today, as it restructures its operations to focus on its core delivery business. Shares jumped about 9% in after-hours ...

FedEx is spinning off its less-than-truckload (LTL) business. After months of debate on what to do with FedEx Freight, the ...

This courier company delivers more than just packages. It's delivering consecutive months of stock gains, with a special ...

(Reuters) -Delivery giant FedEx said on Monday it has appointed insider John Smith as CEO of its freight trucking spinoff, FedEx Freight. Smith, who is the chief operating officer of the company's U.S ...

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 ...

FedEx cut its full-year outlook and posted mixed results in its fiscal second quarter, deciding to spin off its freight trucking division to streamline its structure as it continues to face weaker ...

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 ...

FARGO — FedEx Freight driver David Comings was named the Bendix grand champion for his overall performance at the National Truck Driving Championships held Aug. 20-23 in Minneapolis. Comings, who also ...

The 88th American Trucking Associations’ (ATA) National Truck Driving & Step Van Championships (NTDC) concluded Aug. 20–23 in Minneapolis, Minnesota, with David Comings, a FedEx Freight driver from ...

Large carriers didn’t have the appetite for big M&A in 2025, instead focusing on cost cutting and doing more with less.

FedEx announced the much-anticipated spinoff of its less-than-truckload freight division on Thursday, as it looks to restructure its operations and focus more on its core delivery business, sending ...