FedEx (NYSE:FDX) is spinning off its FedEx Freight unit as an independent company, using proceeds from a private debt ...
Memphis-based FedEx Corp. has filed the Form 10 registration statement with the SEC in the planned spin-off of FedEx Freight.
FedEx is rolling up several operating divisions under one roof as the freight and shipping conglomerate aims to reduce $4 billion in costs by fiscal 2025. This phased transition will bring air freight ...
Ground delivery rates hit a record high in Q4, although carriers are willing to make concessions for more lucrative volume, ...
FedEx Freight has named its ten-member board ahead of its 1 June separation from FedEx Corp., with Brad Martin as chairman ...
FedEx (NYSE:FDX) plans to spin off its FedEx Freight business, marking a major shift in its corporate structure. The company ...
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 ...
Both companies initially grounded their MD-11 fleets last fall after a fatal UPS jet crash in Louisville.
In the Midwest and South, ice on rivers like the Mississippi and Illinois may slow barge traffic, compounding delays for ...