FedEx (NYSE: FDX) and United Parcel Service (NYSE: UPS) have long served as proxies for the American economy. When packages move, consumers are spending and businesses are shipping. But over the past ...

Incoming FedEx Freight CEO John Smith opens May 4 in Las Vegas. Nearly 400 executives include Rivian, Mack Trucks, Tesla, ...

[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.

Editor's note: This story has been updated to show FedEx clarified there have been four rounds of furloughs at FedEx Freight since November. For the fourth time in six months, FedEx Freight has ...

MEMPHIS, Tenn. - FedEx Corporation intends to separate FedEx Freight from the parent corporation, turning it into a new company. FedEx announced Thursday that its Board of Directors finished an ...

Add Yahoo as a preferred source to see more of our stories on Google. Click here to read the full article. FedEx is rolling up several operating divisions under one roof as the freight and shipping ...

FedEx shares paced Wednesday toward one of the biggest gains in the delivery giant’s 46 years as a public company, after FedEx’s quarterly earnings report brought investors the whole package. FedEx ...

Transportation analysts and experts expect FedEx to spin off its Freight unit as a separate publicly traded company, potentially bringing a windfall to shareholders while providing a boost to other ...

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. The move ...

FedEx Corp. President and CEO Raj Subramaniam said the company's vision is to "make supply chains smarter for everyone.” ...