FedEx Freight (NYSE:FDXF) reports next week, its first full set of results since splitting from FedEx in June. But the number to watch isn’t revenue. In its last report, fiscal fourth-quarter revenue ...
FedEx Corporation (FDX) announced that its board approved the tax-free spinoff of FedEx Freight to be completed June 1. On that date, FedEx (FDX) shareholders will receive one share of FedEx Freight ...
The stock is down 23.4% year to date, which puts more weight on the question of whether the recent price level reflects the cash the business can generate over time. The company depends on the freight ...
FedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures operations to focus on its core delivery business. Shares jumped 8% in after-hours trading ...
The freight unit, which is set to separate from its logistics parent June 1, shared a roadmap for its business strategy during an investor day Wednesday. It shared a medium-term outlook, including an ...
Monday - Friday, 6:00 - 7:00 PM ET CNBC’s Jim Cramer said recent declines in FedEx and FedEx Freight have created buying opportunities. He said FedEx’s latest quarter was misunderstood, while FedEx ...
FedEx Freight paid an approximate $4.1B cash dividend to its former parent before the spin-off. FedEx used the cash, along ...
Shares rise less than 1% Stand alone FedEx Freight could be worth $30 bln-$35 bln - analyst Less-than-truckload market to benefit from spinoff Dec 20 (Reuters) - FedEx's (FDX.N), opens new tab ...
FedEx shares drop after J.P. Morgan abandoned its bullish stance amid increasing worries that the earnings guidance may be too optimistic Shipping giant FedEx Corp. has been downgraded by JP Morgan.
FedEx is expanding in one city while pulling back in dozens of others. The shipping giant is investing $18 million to expand its Memphis hub, the city of the company’s founding. It plans to add ...
FedEx Freight debuts on NYSE Shares opened higher but fell as much as 13.8% from open J.P. Morgan flags execution risk, transition costs, and underperformance June 1 (Reuters) - FedEx Freight (FDXF.N) ...
DAYTONA BEACH, Fla. (Sept. 17, 2026) — NASCAR® today announced a landmark long-term partnership with FedEx Freight® that will make the newly independent freight transportation leader the entitlement ...