Amazon’s new delivery service is a “power move” and “shot across the bow at UPS and FedEx,” said Wedbush analyst, Dan Ives.

Incoming FedEx Freight CEO John Smith outlines the 2026 spinoff strategy, focusing on sustainable LTL fleets and AI-driven ...

FedEx (NYSE:FDX) is moving into the final phase of spinning off its FedEx Freight division, targeting completion around June 1. The company has shared detailed financial targets and a roadmap for ...

FedEx Corp. named Marshall Witt chief financial officer of FedEx Freight effective Oct. 15 as the unit prepares for its planned spinoff. Witt, a former FedEx executive and recent TD SYNNEX CFO, brings ...

MEMPHIS, Tenn. - FedEx announced that it will close 29 of its Freight locations and consolidate its operations into other locations. FedEx said that the furlough for certain job classes, starting May ...

[Stay on top of transportation news: Get TTNews in your inbox.] FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.

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 ...

April 8 (Reuters) - FedEx Freight, the trucking company separating from the overnight delivery firm this summer, is expected to report an operating margin of 12% this year, incoming ‌CEO John Smith ...

Logistics and transportation companies like UPS and FedEx now have a new competitor—but it's not a new name.

Editor's note: This story has been updated to show FedEx clarified there have been four rounds of furloughs at FedEx Freight since November. For the fourth time in six months, FedEx Freight has ...