FedEx said its board approved the spinoff of its freight business, clearing the way for the long-planned separation of FedEx Freight from its parent on June 1. The breakup, first announced in late ...

FedEx’s tax-free FedEx Freight spin-off (June 1): key dates, share ratio, growth targets, and valuation vs peers.

FedEx ⁠said on ​Wednesday ‌it ‌would ⁠allot its shareholders ⁠one share ​of ​the freight ⁠unit it ⁠is ⁠hiving off ​for every ...

Shareholders were notified in a letter that they will receive one share of FedEx Freight for every two shares of FedEx common ...

A FedEx Freight tractor-trailer drives on the road. The industry will be closely watching the LTL carrier's spinoff in the next 18 months. · Trucking Dive · Getty Images The above button links to ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The Memphis-based logistics ...

FedEx Corporation FDX took a major step toward reshaping its business by approving the spin-off of its freight division into ...

John A. Smith named President and CEO; R. Brad Martin to serve as Chairman of the Board. MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) announced today several leadership roles as the ...

FedEx Corp. named Marshall Witt chief financial officer of FedEx Freight effective Oct. 15 as the unit prepares for its planned spinoff. Witt, a former FedEx executive and recent TD SYNNEX CFO, brings ...

FedEx (NYSE:FDX) is moving into the final phase of spinning off its FedEx Freight division, targeting completion around June 1. The company has shared detailed financial targets and a roadmap for ...

While many transportation companies struggle when fuel prices rise, FedEx and J.B. Hunt are positioned to benefit from ...