business segment FedEx Freight into a separate public company. FedEx CFO and EVP John Dietrich said during its Q3 2025 earnings call that the company remains on track to complete its separation of ...

RELATED: FedEx Freight Spinoff to Create Largest LTL Carrier FedEx Freight Q3 segment revenue decreased 5% to $2.09 billion from $2.21 billion, while operating income fell 23% to $261 million from ...

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FedEx said it is making progress on its plan to spin off its freight division as a separate publicly traded company. The move is intended to streamline the company’s operations so it can focus ...

FEDEX NEWS: FedEx plans to spin off FedEx Freight: What we know about the plan and what it could mean Since FedEx pilots rejected a tentative agreement in July 2023, ALPA said the company has yet ...

FedEx Corp. lowered its full-year guidance for ... operating environment in the period that included a shorter peak shipping season and severe weather.

JPMorgan lowered the firm’s price target on FedEx (FDX) to $323 from $372 and keeps an Overweight rating on the shares ahead of the fiscal Q3 report. The firm is taking a “neutral stance” on ...

The broader industry has been suffering from a prolonged period of weakness as cash-strapped customers spend on services rather than goods, and a growing preference for slower, cheaper delivery ...

A FedEx cargo plane made an emergency landing at a busy New Jersey airport on Saturday after a bird strike caused an engine fire that could be seen in the morning sky. The plane landed at Newark ...

A FedEx cargo plane traveling from Newark to Indianapolis hit a bird during takeoff Saturday morning, officials said. That strike damaged one of the Boeing 767's engines, causing the engine to ...

During the fiscal year third quarter ended Feb. 28, FedEx increased revenue 1.9% to $22.2 billion and delivered adjusted operating income of $1.5 billion, up 11% year over year, despite a compressed ...

US express freight giant FedEx has announced that the company has exercised options held for a further eight Boeing 777F freighter aircraft. The announcement comes as the carrier also revealed an ...