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 ...

FedEx ⁠Freight, the trucking company separating ⁠from the overnight delivery firm this summer, is expected ​to report an ...

Monday - Friday, 6:00 - 7:00 PM ET FedEx CEO Raj Subramaniam reviewed his company's quarter in an interview with CNBC's Jim Cramer. He cited strength in business-to-business transactions, calling ...

It has been a challenging period for the package delivery industry. To unlock more value, FedEx plans to spin off its freight business. UPS is an exciting turnaround play, and its stock offers a high ...

FedEx has permanently retired 12 aircraft from its fleet and taken a $21 million impairment charge in its fiscal fourth quarter that ended on May 31. As part of its annual results announcement, the ...