Major changes are coming for Memphis-based global freight transportation and logistics services provider FedEx, with the company announcing that, effective June 2024, it will consolidate all of its ...
For the fourth time in six months, FedEx Freight has announced a round of furloughs. What made Monday's announcement different from the previous three furloughs was that FedEx Freight also announced ...
FedEx operates within the S&P 500, spanning global transportation, express delivery, logistics, technology, network ...
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 ...
A massive expansion project in Memphis contrasts sharply with a nationwide consolidation effort expected to eliminate ...
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FedEx has filed a Form 10 registration statement with the SEC for the planned spin-off of FedEx Freight. FedEx Freight's new board of directors has been announced, with R. Brad Martin serving as ...
FedEx plans to complete the spinoff of FedEx Freight into a new public company June 1, following a board decision made in December 2024. FedEx Freight results declined due to lower shipments, higher ...
FedEx expands automation at its logistics network as robotics, cost discipline, freight restructuring, and operational efficiency shape its evolving business strategy.
FedEx Corporation (FDX) announced that its board approved the tax-free spinoff of FedEx Freight to be completed June 1. On that date, FedEx (FDX) shareholders will receive one share of FedEx Freight ...