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 ⁠Freight, the trucking company separating ⁠from the overnight delivery firm this summer, is expected ​to report an ...

It has been a challenging period for the package delivery industry. To unlock more value, FedEx plans to spin off its freight business. UPS is an exciting turnaround play, and its stock offers a high ...

Shares of FedEx Corporation (NYSE:FDX) rose sharply in today’s pre-market trading after the company reported better-than-expected earnings for its third quarter and authorized a new $5 billion share ...

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 ...