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 ...
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 after-hours trading ...
FedEx has lined up financing and a new board for its FedEx Freight unit ahead of its planned spinoff of the freight-trucking division. FedEx on Friday said FedEx Freight has entered into a five-year, ...
In recent weeks, FedEx has advanced the planned spin-off of its FedEx Freight business, filing a Form-10 registration statement, arranging new credit facilities, and launching a private senior-notes ...
FedEx Corp. (CCJ Top 250, No. 1) on Friday filed its Form 10 registration statement with the U.S. Securities and Exchange Commission (SEC), marking a major milestone in the planned spin-off of FedEx ...