FedEx announced the much-anticipated spinoff of its freight trucking division today, as it restructures its operations to focus on its core delivery business. Shares jumped about 9% in after-hours ...

By Akriti Shah June 24 (Reuters) - FedEx shares slid 6% before the bell on Wednesday, as lower margins in its core delivery ...

FedEx (FDX) downgraded to Hold: margins above 5-year averages, Network 2.0 upside, FDXF spin-off nuances, but valuation premium vs. history/UPS. See more here.

FedEx is preparing to spin off its freight division in June. Ahead of that, the company is meeting with investors and analysts to introduce the soon-to-be-new company. FedEx Freight is a ...

April 8 (Reuters) - ⁠FedEx ⁠Freight, the trucking company separating ⁠from the overnight delivery firm this summer, is expected to report an operating margin of 12% this year, incoming CEO John Smith ...