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 shares were up 9.1% year-to-date as of Thursday, underperforming the S&P 500 index but better than rival UPS' 22% slump. LTL MARKET TO BENEFIT FedEx Freight had revenue of $9.4 billion in ...

FedEx Freight, the largest U.S. provider of less-than-truckload (LTL) services, could be valued between $30 billion and $35 billion, as per an estimate from Citi. "The decision to proceed with a ...

(Reuters) - FedEx's decision to spin off its freight truckload segment will strengthen the business while allowing the parcel delivery giant to better tackle challenges in its core operations ...

FedEx also faces a $500 million hit from the loss of the United States Postal Service, its largest customer, earlier this year. Its shares have risen 9.1% this year, underperforming the S&P 500 ...

FedEx's decision to spin off its freight truckload segment will strengthen the business while allowing the parcel delivery giant to better tackle challenges in its core operations, analysts said on ...

(Reuters) -FedEx's 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 operations, analysts ...