FedEx Corporation is reportedly exploring the possibility of spinning off its freight division in a strategic realignment ...
The union dockworkers strike that began early Tuesday impacting dozens of U.S. ports has triggered shipping giant FedEx to launch contingency plans aimed at minimizing disruptions in shipments.
These operations allow the company to handle more than 180 thousand packages and a quarter of a million documents ... former FedEx Express, FedEx Ground, and FedEx Services. FedEx Freight.
FedEx reported a drop in operating income during its first quarter of Fiscal Year 2025. In the Memphis-based shipping giant's quarterly report released Thursday, FedEx said revenue dipped slightly ...
It operates through the following segments: FedEx Express, FedEx Ground, FedEx Freight, FedEx Services, and Corporate, Other and Eliminations. The FedEx Express segment offers transportation and ...
29. UPS picked up that business. Executives are also assessing whether to spin off or sell its FedEx Freight business.
Transportation analysts and experts expect FedEx to spin off its Freight unit as a separate publicly traded company, ...
19. Analysts see future value, but are cautious in the short term. FedEx Corp FDX could provide a look at how shipping demand is shaping up and ease analysts’ concerns about the macro ...
According to court documents, Joseph Cargal was driving a tractor trailer on Highway 59 in east Texas on Sept. 8, 2018 when the FedEx Freight truck veered into on-coming traffic and hit Joseph ...
FedEx will be closing its Port Huron Township Ship Center effective Saturday, Sept. 28. Austin Kemker, communications specialist for FedEx media relations, confirmed the closure in an email to the ...
1 Day FDX -0.41% DJIA -1.02% S&P 500 -1.02% Transportation/Logistics -3.15% The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing ...