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's Chief Financial Officer John Dietrich plans to step down after the package-delivery giant completes the spinoff of its freight unit. Dietrich's resignation will take effect following the ...

FedEx Corp.’s freight unit will see average profit growth of 10% to 12% over the next few years after it’s spun off from the ...

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.

FedEx Corp.’s freight unit is putting workers on furlough in some U.S. markets, adding to mounting evidence of a cargo slowdown as the company joins other large employers trimming their ranks. The ...

Uber Technologies Inc. is considering selling its freight logistics unit as a separate publicly traded firm and is already discussing with potential advisers regarding its options. This is an effort ...