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For FedEx Freight’s budding home delivery service, being selective about what it ships is key to its success, a senior executive says. FedEx Freight Direct delivers large items like appliances and ...

FEDEX announced the much-anticipated spinoff of its freight trucking division on Thursday (Dec 19), as it restructures operations to focus on its core delivery business. Shares jumped 8 per cent in ...

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 ...

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FedEx (NYSE:FDX) said Monday it plans to raise its freight shipping rates by about 4.5% starting in July. The change includes certain FedEx Freight shipments within the U.S., Canada and Mexico, and ...

(Reuters) -FedEx shares jumped as much as 15% on Wednesday after the delivery giant reassured investors with a bullish annual profit forecast and said it is weighing whether to sell or spin-off its ...

Parcel delivery giant FedEx (NYSE:FDX) said Thursday it has decided to pursue a tax-free separation of FedEx Freight, the business that handles large cargo, and create two independent publicly listed ...

John A. Smith named President and CEO; R. Brad Martin to serve as Chairman of the Board. MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) announced today several leadership roles as the ...

FedEx Freight, the less-than-truckload unit of FedEx Corp. (NYSE:FDX), confirmed Tuesday that it is closing seven service centers across the U.S. this year as the division continues to make alignments ...

FedEx Corp. named Marshall Witt chief financial officer of FedEx Freight effective Oct. 15 as the unit prepares for its planned spinoff. Witt, a former FedEx executive and recent TD SYNNEX CFO, brings ...