FedEx (NYSE:FDX) is spinning off its FedEx Freight unit as an independent company, using proceeds from a private debt ...
FedEx has taken two steps closer to its goal of spinning off its FedEx Freight division, saying when the new company launches ...
FedEx Corp. (NYSE: FDX) ("FedEx") announced today that FedEx Freight Holding Company, Inc., a wholly owned subsidiary of FedEx (the "Issuer"), has priced a private offering of $1,000,000,000 aggregate ...
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 ...
Under the plan FedEx will spin off its LTL unit as a standalone company. Rothschild expects the new business to trade in line ...
The pending spin-off of FedEx Corp.’s less-than-truckload division could come with a change in pricing strategy and risk for other publicly traded LTL carriers, an analyst said January 23. Executives ...
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 ...
Leaders of FedEx Corp. said the company’s market-leading less-than-truckload division should see revenues and operating margins grow this quarter, helped by strong pricing even though volume growth ...
FedEx shares have rallied into a planned 2026 spinoff of its freight business, prompting at least one analyst to turn ...