FedEx will spin off FedEx Freight as a new, publicly traded company over the next 18 months, it said on Thursday.

FedEx Corp. said late Thursday it plans to spin off its FedEx Freight unit and create two publicly traded standalone ...

FedEx has acknowledged delays in several cities, citing high volumes and bad weather amid a "condensed holiday season.” ...

FedEx's decision to spin off its freight truckload segment will strengthen the business while allowing the parcel delivery ...

The Company intends to execute the planned separation through a capital markets transaction, creating two independent, ...

FedEx will spin off its FedEx Freight division, creating a new publicly traded company, the board of directors announced ...

FedEx shares moved sharply higher in extended trading on Thursday after the shipping giant announced plans to spin off its ...

FedEx's decision to spin off its LTL unit marks the end of an era that began nearly 30 years ago when major parcel carriers ...

FedEx shares jumped in extended trading Thursday after the shipping giant said it would spin off its Freight business as a standalone company.

Called FedEx Freight, the new company will handle large cargo, while FedEx will continue to handle the parcel shipping business that shoppers might be more familiar with as their holiday packages ...