While the tariffs were temporarily suspended for one month, the uncertainty may continue affecting delivery companies’ ...
Shares of shipping giant FedEx soared late Thursday after its earnings report delivered what investors wanted—a spinout of a division. The company said Thursday evening that it would separate ...
Analysts showered compliments on FedEx Corp. for its decision to spin off its freight-handling business as the stock rallied on Friday. The delivery giant unveiled plans late Thursday to create a ...
Due to weak shipping demand, earnings estimates have moved south for FDX stock. Apart from announcing earnings results, FedEx’s board of directors announced the decision to separate its freight ...
ODFL remains a hold with my valuation model unchanged, though the stock price is getting ... been included to ensure FedEx shareholders that the advantages FedEx Freight currently has will not ...
To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. FedEx Freight President Lance Moll will retire Jan. 31 as the nation’s largest LTL carrier prepares for ...
The company said Thursday evening that it would separate its freight business, leaving two publicly traded companies—as investors had hoped. FedEx stock jumped 8.2% to $298.50 in after-hours ...
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