Shares rise less than 1% Stand alone FedEx Freight could be worth $30 bln-$35 bln - analyst Less-than-truckload market to benefit from spinoff Dec 20 (Reuters) - FedEx's (FDX.N), opens new tab ...

FedEx has appointed a 10-member board of directors for FedEx Freight, as it prepares to spin off the less-than-truckload ...

FedEx Corp. plans to spin off FedEx Freight and create a new publicly traded company within the next 18 months. The move will allow each company to continue to pursue its own growth strategies, with ...

FedEx announced the much-anticipated spinoff of its less-than-truckload freight division on Thursday, as it looks to restructure its operations and focus more on its core delivery business, sending ...

(Bloomberg) -- FedEx Corp. shares soared after the company said it plans to spin off its freight division into a separate publicly traded company in a deal that will streamline the parcel giant. With ...

FedEx Freight has entered into a five-year, $1.2 billion revolving-credit facility and a three-year, $600 million delayed-draw term-loan facility.

(Reuters) -Delivery giant FedEx said on Monday it has appointed insider John Smith as CEO of its freight trucking spinoff, FedEx Freight. Smith, who is the chief operating officer of the company's U.S ...

FedEx will expand its busy Bristol Township terminal on Route 13 by almost three dozen truck loading bays and a larger employee parking lot. The township Zoning Hearing Board granted all seven ...