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Special delivery: FedEx preps its freight business for a major spinoff

FedEx Corporation (FDX) set June 1 as the date that the company will spin off FedEx Freight into a publicly traded entity. FedEx Freight will be led by John Smith in the CEO role, and R. Brad Martin, ...
Bloomberg L.P.

FedEx Freight Spinoff Exposes Package Delivery Weak Spots

FedEx Corp.’s decision on Thursday to cleave off its freight unit will unlock value for shareholders, for sure. It will also expose the remaining parcel business as low margin and capital intensive.
Business Wire

FedEx Announces Intent to Separate FedEx Freight, Creating Two Industry-Leading Public Companies

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today announced that its Board of Directors has concluded a comprehensive assessment of the role of FedEx Freight as part of its portfolio and ...
Logistics Management

FedEx and Amazon take steps to resume partnership, with a focus on residential large package delivery

FedEx Freight details June 1 spin-off, sets stage for independent growth Leadership at FedEx Freight, the less-than-truckload subsidiary of Memphis-based global freight transportation and logistics ...
Seeking Alpha

Special delivery: FedEx preps its freight business for a major spinoff

FedEx Corporation (FDX) set June 1 as the date that the company will spin off FedEx Freight into a publicly traded entity. Analysts see the business split as a potential driver of long-term ...