FedEx Corp. (CCJ Top 250, No.1) announced on Thursday the spin-off of its less-than-truckload freight business, FedEx Freight, to a separate publicly traded company. The spin-off is planned to be ...

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 ...

FedEx Corp. executives will separate their less-than-truckload operation, the country’s largest, into its own public company, a move analysts predicted this summer when the Memphis-based shipping ...

FedEx is spinning off its less-than-truckload (LTL) business. After months of debate on what to do with FedEx Freight, the logistics giant decided it would separate the division into a standalone ...

FedEx Freight opened a service center in Greenwood, Ind., at the end of May, the carrier said. FedEx Corp.’s less-than-truckload division now has 323 terminals nationwide with the latest facility ...

(RTTNews) - FedEx Corp. (FDX) Thursday announced its plans to spin-off its FedEx Freight division. Following the news, shares of the company gained nearly 10% in after-hours trading session. The ...