Old Dominion, Saia, XPO and ArcBest all fielded questions from analysts about how the move might affect their operations and ...
Hosted on MSN1mon
FedEx is spinning off its freight businessFedEx is spinning off its freight arm into a new publicly traded company. Called FedEx Freight, the new company will handle large cargo, while FedEx will continue to handle the parcel shipping ...
Hosted on MSN1mon
Here’s why FedEx plans to spin off its freight businessFedEx Corp. said late Thursday it plans to spin off its FedEx Freight unit and create two publicly traded standalone companies as the shipping giant looks to unlock value for its investors.
FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded LTL carrier in North America in the process.
FedEx has announced FedEx Freight President Lance Moll is retiring after 33 years with the company. Moll will serve in his current position until Jan. 31 and move into an executive advisor role ...
Families allege trucking industry loopholes and FedEx’s lack of oversight led to two deaths in the largest chain-reaction ...
While the tariffs were temporarily suspended for one month, the uncertainty may continue affecting delivery companies’ ...
Substantial change is expected in the U.S. less-than-truckload sector in 2025, according to market observers and executives, ...
With supply chains optimizing and demand surging, the freight and logistics industry could deliver solid returns in 2025. Amid this backdrop, it could be considered wise to add three well-positioned ...
(Reuters) -FedEx 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 8% in ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results