FedEx Corp. has named John A. Smith as President and CEO of FedEx Freight and R. Brad Martin as Chairman of the Board. Both Smith and Martin currently hold leadership positions at FedEx Corp. and ...

With capacity declines driving more freight market gains than demand in 2025, FedEx Freight’s spin-off and march to more market share could prolong the ‘flattish’ LTL volumes, analyst warns.

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 be the largest pure-play less-than-truckload, or LTL, company in North America by revenue.

The company said it would spin off FedEx Freight into a standalone public entity within 18 months, after a six-month review. Loop Capital sees the move as a key value driver, estimating a 32% ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. FedEx has said it will spin off its freight division, as the parcel shipping group responds to investor ...

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 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 ...

FedEx announced that its board of directors has concluded a comprehensive assessment of the role of FedEx Freight as part of its portfolio and has decided to pursue a full separation of FedEx Freight ...

Shares rise less than 1% Stand alone FedEx Freight could be worth $30 bln-$35 bln - analyst Less-than-truckload market to benefit from spinoff Dec 20 (Reuters) - FedEx's (FDX.N), opens new tab ...

Costfoto / NurPhoto / Getty Images FedEx (FDX) shares jumped in extended trading Thursday after the shipping giant announced plans to spin off its Freight business as a standalone company.

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 ...