On December 19, 2024, FedEx Corp. (NYSE: FDX, $278.66, Market Capitalization: $67.1 billion) announced that its Board of Directors had concluded a comprehensive assessment of the role of FedEx Freight ...

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 ...

This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. FedEx Freight is expanding its presence in the ...

FedEx Corp. has named John A. Smith as President and CEO of FedEx Freight and R. Brad Martin as Chairman of the Board. Both Smith and Martin currently hold leadership positions at FedEx Corp. and will ...

In recent months, FedEx has advanced its multi-year DRIVE and Network 2.0 transformation programs, while outlining plans to separate FedEx Freight into an independent, publicly traded company by June ...

FedEx reports adjusted earnings of $4.05 per share, beating the $3.91 consensus estimate. Quarterly revenue comes in at $22 billion, missing the $22.11 billion analyst consensus estimate. Tim Melvin’s ...