FedEx (FDX) is set to split in two by spinning off its FedEx Freight division, creating a new standalone public company. The separation is scheduled to be completed on June 1, following a long ...

The company states: “FedEx (FDX) announced that its Board of Directors has concluded a comprehensive assessment of the role of FedEx Freight as part of its portfolio and has decided to pursue a full ...

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 ...

Unlocks significant value for FedEx stockholders through creation of a new publicly listed less-than-truckload (LTL) industry leader Preserves commercial and operational synergies between both ...