The rise of e-commerce continues to disrupt logistics and supply chain operations, driving the need for faster, more efficient delivery models. As consumer demands evolve, traditional freight methods ...
FedEx Corp. (CCJ Top 250, No.1) announced on Thursday the spin-off of its less-than-truckload freight business, FedEx Freight, to a separate publicly traded company. The spin-off is planned to be ...
(RTTNews) - FedEx Corp. (FDX) Thursday announced its plans to spin-off its FedEx Freight division. Following the news, shares of the company gained nearly 10% in after-hours trading session. 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 process ...
Ben Ames has spent 30 years as a journalist since starting out as a reporter for daily newspapers in Pennsylvania and Massachusetts. He has focused on business and technology reporting since 1999 for ...
Memphis-based FedEx Corp. has filed the Form 10 registration statement with the SEC in the planned spin-off of FedEx Freight.
FedEx Freight expects flat to modest revenue growth through its planned mid-2025 spinoff amid weak demand and excess capacity. LTL operating margins fell to 16% as shipments remain steady, reflecting ...
A software system currently being used to help small and medium retailers and manufacturers manage multiple shipments via FedEx Express and FedEx Ground will now be offered by FedEx Freight as well – ...
Logistics professionals navigating their path forward face challenging market conditions, an evolving regulatory environment, a rapidly changing technology landscape, and an increasingly competitive ...