The executive and FedEx “mutually agreed” that he would immediately step down, according to a securities filing.

After one year in the role, Sriram Krishnasamy departed the company Thursday. He will remain with FedEx in an adviser ...

Trucking, logistics, and other shipping companies have faced economic issues over the last year that have resulted in these ...

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.

FedEx has opened a new 38,000-square-foot air cargo facility in Manchester, relocating its operations to expand capacity and ...

FedEx announced the much-anticipated spinoff of its freight trucking division today, as it restructures its operations to focus on its core delivery business.

(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 is slated to report earnings for the fourth quarter of its fiscal 2025 after the closing bell on Tuesday, with analysts ...

FedEx has opened a new logistics facility close to Manchester Airport as part of its efforts to upgrade its capabilities in ...

Revenue from the freight business is roughly a bit over 10% of total FedEx sales, which is dominated by the company's Express business.