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 ...

The nation’s largest less-than-truckload carrier, FedEx Freight, began trading as a standalone company on Monday.

JPMorgan’s Overweight upgrade plus the June 1 FedEx Freight spinoff is a near-term catalyst that should narrow the valuation ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min FedEx has already spent hundreds ...

April 8 (Reuters) - ⁠FedEx ⁠Freight, the trucking company separating ⁠from the overnight delivery firm this summer, is expected to report an operating margin of 12% this year, incoming CEO John Smith ...

Shares of FedEx Corporation (NYSE:FDX) rose sharply in today’s pre-market trading after the company reported better-than-expected earnings for its third quarter and authorized a new $5 billion share ...