[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 Corp. suspended about 1,400 customers of its Freight shipping service earlier this month, a move that surprised customers and was aimed at easing a congested network taxed by relentless package ...

The company states: “FedEx (FDX) 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 ...

On December 19, 2024, FedEx Corp. (NYSE: FDX, $278.66, Market Capitalization: $67.1 billion) announced that its Board of Directors had concluded a comprehensive assessment of the role of FedEx Freight ...

Shares rise less than 1% Stand alone FedEx Freight could be worth $30 bln-$35 bln - analyst Less-than-truckload market to benefit from spinoff Dec 20 (Reuters) - FedEx's (FDX.N), opens new tab ...

FedEx (FDX) announced that its board has concluded an assessment of the role of FedEx Freight as part of its portfolio and has decided to pursue a full separation of FedEx Freight through the capital ...

In recent months, FedEx has advanced its multi-year DRIVE and Network 2.0 transformation programs, while outlining plans to separate FedEx Freight into an independent, publicly traded company by June ...