MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) announced today several leadership roles as the company makes progress to separate its less-than-truckload (LTL) freight division.

FedEx Corp. shares soared after the company said it plans to spin off its freight division into a separate publicly traded company in a deal that will streamline the parcel giant. With revenue of $9.4 ...

The delivery giant unveiled plans late Thursday to create a standalone FedEx Freight company that would ... constrain demand on our most profitable priority and commercial services," the company ...

FedEx (FDX) disclosed the spin-off of its FedEx Freight division into a separate publicly traded company. With this move, FDX aims to enhance shareholder value, improve financial performance ...

Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. FedEx shares moved sharply higher in extended trading on Thursday after the shipping ...

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

said Thursday it has decided to pursue a tax-free separation of FedEx Freight, the business that handles large cargo, and create two independent publicly listed companies as part of its ...

stock rallies 8% on the news FedEx Corp. said late Thursday it plans to spin off its FedEx Freight unit and create two publicly traded standalone companies as the shipping giant looks to unlock ...

FedEx will spin off its freight business into a new publicly traded company. FedEx Freight will separate from FedEx over the next 18 months. Express delivery services have seen slowing demand for ...

Dec 19 (Reuters) - FedEx (FDX.N), opens new tab announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures operations to focus on its core delivery ...

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 FDX-N announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures its operations to focus on its core delivery business, sending shares in the ...