FedEx Corporation FDX took a major step toward reshaping its business by approving the spin-off of its freight division into ...
FedEx 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 ...
Shareholders were notified in a letter that they will receive one share of FedEx Freight for every two shares of FedEx common ...
FedEx Corporation recently announced it will redeem all outstanding €354,878,000 of its 1.300% notes due 2031 on May 28, 2026 ...
FedEx (FDX) announced that its board has concluded an assessment of the role of FedEx Freight as part of its portfolio and has decided to pursue a full separation of FedEx Freight through the capital ...
MEMPHIS, Tenn. - FedEx Corporation intends to separate FedEx Freight from the parent corporation, turning it into a new company. FedEx announced Thursday that its Board of Directors finished an ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The executive has been with ...
FedEx president and CEO Raj Subramaniam highlighted new revenue goals and emphasized the longevity of the shipping industry during a sit-down interview with the Economic Club of Washington, D.C. The ...
John A. Smith named President and CEO; R. Brad Martin to serve as Chairman of the Board. MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) announced today several leadership roles as the ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min FedEx has already spent hundreds ...
FedEx gains attention as freight separation plans, cost savings, and capital structure moves reshape its logistics growth ...
April 8 (Reuters) - FedEx Freight, the trucking company separating from the overnight delivery firm this summer, is expected to report an operating margin of 12% this year, incoming ‌CEO John Smith ...