FedEx (NYSE:FDX) is spinning off its FedEx Freight unit as an independent company, using proceeds from a private debt ...
FedEx has taken two steps closer to its goal of spinning off its FedEx Freight division, saying when the new company launches ...
FedEx Corp. (NYSE: FDX) ("FedEx") announced today that FedEx Freight Holding Company, Inc., a wholly owned subsidiary of FedEx (the "Issuer"), has priced a private offering of $1,000,000,000 aggregate ...
Under the plan FedEx will spin off its LTL unit as a standalone company. Rothschild expects the new business to trade in line ...
Ben Ames has spent 30 years as a journalist since starting out as a reporter for daily newspapers in Pennsylvania and Massachusetts. He has focused on business and technology reporting since 1999 for ...
FedEx Corp. plans to spin off FedEx Freight and create a new publicly traded company within the next 18 months. The move will allow each company to continue to pursue its own growth strategies, with ...
Leaders of FedEx Corp. said the company’s market-leading less-than-truckload division should see revenues and operating margins grow this quarter, helped by strong pricing even though volume growth ...
FedEx shares have rallied into a planned 2026 spinoff of its freight business, prompting at least one analyst to turn ...