Editor's note: This story has been updated to show FedEx clarified there have been four rounds of furloughs at FedEx Freight since November. For the fourth time in six months, FedEx Freight has ...

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 ...

Memphis-based FedEx Corp. has filed the Form 10 registration statement with the SEC in the planned spin-off of FedEx Freight.

[Stay on top of transportation news: Get TTNews in your inbox.] FedEx Freight will delay introducing enforcement of National Motor Freight Classification updates for 150 days until Dec. 1, the ...

Investing.com -- Loop Capital upgraded FedEx Corp (NYSE:FDX) to "buy" from "hold", also raised its price target to $365 from $288, factoring the value creation from the planned spin-off of its FedEx ...

MEMPHIS, Tenn. - FedEx Corporation intends to separate FedEx Freight from the parent corporation, turning it into a new company. FedEx announced Thursday that its Board of Directors finished an ...

FedEx Corp. has announced plans to separate FedEx Freight into its own publicly traded company. The separation will be completed within the next 18 months and will "allow for more customized ...

In recent days, FedEx amended its US$3.5 billion credit agreements with major banks to prepare for the planned spin-off of FedEx Freight by June 2026 while managing operational changes after grounding ...