FedEx announced the much-anticipated spinoff of its freight trucking division today, as it restructures its operations to focus on its core delivery business. Shares jumped about 9% in after-hours ...

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 results fell short of estimates in its fiscal second quarter. The company's Express unit was hit by lower demand. The company lowered its full-year sales outlook. In this article FedEx shares ...

FedEx is preparing to spin off its freight division in June. Ahead of that, the company is meeting with investors and analysts to introduce the soon-to-be-new company. FedEx Freight is a ...