The parcel carrier and logistics operator aims to spin off its FedEx ... FedEx Freight's strong performance within its segment but points to the company's second guidance cut in three months.
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FedEx will spin off its ... for our Freight business and position FedEx to create even greater value for stockholders," CEO Raj Subramaniam said in the statement. FedEx also cut its profit ...
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Freight Spin Off FedEx said it has decided to pursue a full separation of FedEx Freight through the capital markets, creating a new publicly traded company. The decision was taken following the ...
FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded less-than-truckload carrier in North America in the ...