The parcel giant’s planned move raises questions about timing, leadership and impact on the rest of the LTL market. Here’s what we know so far.
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FedEx to Spin Off Its Freight Trucking Division
FedEx FDX1.00%increase; green up pointing triangle has decided to spin off its freight trucking division, moving to ...
The Company intends to execute the planned separation through a capital markets transaction, creating two independent, ...
Dec 19 (Reuters) - FedEx (FDX.N), opens new tab announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures operations to focus on its core delivery ...
FEDEX announced the much-anticipated spinoff of its freight trucking division on Thursday (Dec 19), as it restructures operations to focus on its core delivery business. Shares jumped 8 per cent in ...
Analysts believe the spinoff could unlock up to $20 billion in shareholder value while clearing the way for FedEx management ...
FedEx's (FDX.N), opens new tab decision to spin off its freight trucking unit will strengthen that business while allowing the parcel delivery giant to better tackle challenges in its core ...
FedEx announced the much-anticipated spinoff of its freight trucking division today, as it restructures its operations to focus on its core delivery business. Shares jumped about 9% in after-hours ...
Microsoft co-founder Bill Gates has made substantial investments in the transportation sector, reportedly betting on its ...
FedEx FDX0.07%increase; green up pointing triangle has decided to spin off its freight trucking division, moving to streamline its structure and unlock value that some shareholders argue has been ...