FedEx has adjusted its air network and flying schedule to overcome the loss of grounded MD-11 freighter aircraft, but the changes have overwhelmed staff dedicated to supporting pilots laying over in ...
Freight into a new publicly traded company continues to advance and is expected to be achieved in a tax-efficient manner for FedEx stockholders and executed on June 1, 2026. Once separated, FedEx ...
FedEx is conducting a strategic analysis of the company’s less-than-truckload segment and its relative value to the company, suggesting that FedEx Freight could be sold or spun off so the company can ...
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. FedEx's upcoming spinoff of its trucking unit is ...
This courier company delivers more than just packages. It's delivering consecutive months of stock gains, with a special ...
[Stay on top of transportation news: Get TTNews in your inbox.] FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.
Marshall Witt's appointment marks a return to familiar ground. He spent 15 years at FedEx earlier in his career, including in senior finance leadership positions at FedEx Freight.
MEMPHIS, Tenn. - FedEx announced that it will close 29 of its Freight locations and consolidate its operations into other locations. FedEx said that the furlough for certain job classes, starting May ...
The company remains in cost-cutting mode. On Thursday, FedEx said that its operating results improved in the second quarter, ...
FedEx has already spent hundreds of millions of dollars on the separation process, with more costs expected before the ...
FedEx Freight drivers are delivering large items to homes in five cities — and even moving some inside and helping assemble them — through a new company service, tapping into online shoppers' growing ...