− FedEx Freight is closing 29 locations later this ... while lowering our cost to serve. Our top priority is to help affected team members find other open positions where possible.” ...

Editor's note: This story has been updated to show FedEx clarified there have been four rounds of furloughs at FedEx Freight since ... Our top priority is to help affected team members find ...

(Reuters) -FedEx (FDX) announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures operations to focus on its core delivery business. Shares jumped 7% ...

“Our top priority is to help affected team members find other open positions where possible,” the statement continued. The FedEx Freight closures come less than a month after the company ...

(Reuters) -FedEx's decision ... separate the business when freight demand is favorable. The resulting public company will also be the only one of its kind to offer priority service, analysts ...

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 ...

International shipping dates will vary by carrier. FedEx Freight Priority 5-Day Shipping: Dec. 16 FedEx Freight Priority 4-Day Shipping: Dec. 17 FedEx Freight Priority 3-Day Shipping: Dec. 18 ...

FedEx Corp. has announced plans to separate FedEx Freight into its own publicly traded company. The separation will be completed within the next 18 months and will "allow for more customized ...