Express uses FedEx jets, trucks and employees to deliver its boxes. Ground outsources its deliveries to contractors that operate local routes. ... FedEx and other freight companies.

FedEx announced that its board of directors has concluded a comprehensive assessment of the role of FedEx Freight as part of its portfolio and has decided to pursue a full separation of FedEx Freight ...

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

(Reuters) -FedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures operations to focus on its core delivery business. Shares jumped 8% in ...

Key takeaways: FedEx Freight will split off from its parent company, FedEx Corp., in 2026, with a focus on serving small businesses, e-commerce, and grocery customers.

FedEx Freight, which generated $9 billion in revenue in the 12 months ending May 31, is by far the largest operator in the less-than-truckload sector, making a sale of the business “less likely ...

FedEx Freight announced it is closing and consolidating 29 locations and implementing another round of furloughs. Here's what we know.

MEMPHIS, Tenn. — FedEx will spin off its FedEx Freight division, creating a new publicly traded company, the board of directors announced Thursday. The separation is expected to be completed in ...