In December 2024, FedEx announced it would splitting FedEx Freight into its own public company. The separation remains on track to be completed within 18 months, according to the news release.

While FedEx is generally considered a reliable shipping company that delivers ... In the box provided, enter your package's tracking number or your PRO (progressive) number. 2.

The company did not issue a timeline on when a new CEO is expected to be named, but did note the FedEx Freight separation remains on track to be completed in 18 months. Smith previously held the ...

30. FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded LTL carrier in North America in the process.

FedEx Corp. said late Thursday it plans to spin off its FedEx Freight unit and create two publicly traded standalone companies as the shipping giant looks to unlock value for its investors.

Analysts showered compliments on FedEx Corp. for its decision to spin off its freight-handling business as the stock rallied on Friday. The delivery giant unveiled plans late Thursday to create a ...