FedEx Corp. has announced plans to separate FedEx Freight into its own publicly traded company. The separation will be completed within the next 18 months and will "allow for more customized ...

FedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures its operations to focus on its core delivery business, sending shares in the parcel ...

FedEx Corp. said its bondholders agreed to remove its freight business from its lending documents as a party obligated to help pay the company’s debt, making it easier for the shipping giant to ...

The Memphis-based company attributed FedEx Express' 11 percent decline in average daily freight pounds in the ... Insights Corp.'s layoffs includes 164 warehouse workers, 212 forklift operators ...

(Bloomberg) -- FedEx Corp. said its bondholders agreed to remove its freight business from its lending documents as a party obligated to help pay the company’s debt, making it easier for the ...