Freight into a new publicly traded company continues to advance and is expected to be achieved in a tax-efficient manner for ...

During FedEx Freight’s fiscal second quarter ended Nov. 30, revenue fell 1.7% year over year to $2.14 billion. A 2.8% decline ...

FedEx has already spent hundreds of millions of dollars on the separation process, with more costs expected before the ...

FedEx will spin off its freight business into a new publicly traded company. FedEx Freight will separate from FedEx over the next 18 months. Express delivery services have seen slowing demand for ...

FedEx Corp. plans to spin off FedEx Freight and create a new publicly traded company within the next 18 months. The move will allow each company to continue to pursue its own growth strategies, with ...

Stronger domestic volumes and pricing offset air fleet disruptions and elevated spinoff costs at FedEx Freight as the carrier reshapes its global air network.

Parcel delivery company FedEx said it was planning for $175 million in unexpected peak-season costs to find trucks and planes ...

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 ...

Post offices will be open and delivering mail on Christmas Eve, despite an executive order declaring it a federal holiday. UPS and FedEx will both be making deliveries on Christmas Eve, though some ...

FedEx President and CEO Raj Subramaniam said the Q2 performance was especially good given global trade policy changes and air ...

FedEx beats Q2 earnings estimates, updates outlook, and advances its Freight spin-off plans. Get the latest on FDX stock ...

Earnings Estimates: Analysts expect FedEx to report second-quarter revenue of $22.79 billion, up from $22.00 billion in last ...