MEMPHIS, Tenn. − FedEx Freight is closing 29 locations later this year and will begin another round of furloughs for some employees at the end of May, the company announced Monday.. FedEx ...

FedEx Freight is enacting a furlough for certain job classes that will start May 28. The company also plans to work with employees affected by the furlough to find other opportunities.

FedEx announced on Monday it will close 29 FedEx Freight locations, furloughing another round of employees as a result of slowing demand. The closures will be in effect by August 13, and the ...

FedEx continues to build out a dedicated sales force for Freight.Revenue at the largest less-than-truckload carrier in the nation fell 4% to $2.9 billion in the fiscal year fourth quarter due to ...

Shares of FedEx Corp. (FDX) surged over 9% in Friday’s pre-market trading, eyeing highs from over three weeks ago, after the logistics giant said it intended to separate its FedEx Freight ...

The spin-off of the Freight business was announced as FedEx trimmed its full year profit forecast, highlighting how FedEx’s main businesses continue to struggle with weak demand, especially in ...

FedEx Corp. last week said it doubled its quarterly profits, largely because of strong international business, and announced a major overhaul of its money-losing domestic less-than-truckload ...

FedEx's decision to spin off its freight trucking unit will strengthen that business while allowing the parcel delivery giant to better tackle challenges in its core operations, analysts said on ...

FedEx Freight Corp. on Monday, Jan. 31, announced enhancements to its service offerings by launching a unified less-than-truckload network and offering customers the choice of two levels of ...

Feb 1 (Reuters) - FedEx Corp , opens new tab on Tuesday suspended its domestic express freight services due to a staff shortage as cases of the Omicron variant of the coronavirus rose.