The nation’s largest less-than-truckload carrier, FedEx Freight, began trading as a standalone company on Monday. The post FedEx Freight embarks on journey as standalone LTL carrier appeared first on FreightWaves.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
null
FedEx is investing $54 million to add capacity at its Netherlands trucking hub to keep up with growing transport demand in Europe and enable easier connections to its air cargo network. The post FedEx trucking hub expansion in Netherlands aids new air cargo strategy appeared first on FreightWaves.
FedEx completes spinoff of its FedEx Freight business. Shares join the S&P 500, Dow Jones Transportation indexes. FDX stock upgraded.
FedEx Corp. (NYSE:FDX) traded modestly higher on Monday after finalizing the separation of its freight division, creating a new standalone publicly listed company, FedEx Freight Holding Company, Inc.
The LTL carrier begins its new chapter since its spinoff was announced in December 2024.
The long-awaited spinoff of FedEx Freight is just about done, and shares of the newly independent less-than-truckload business start trading on Monday, June 1. Old Dominion Freight Line and XPO are LTL shippers. The reason for FedEx’s separation of its LTL business is relatively obvious.
FedEx's freight business will become a separate entity.
FedEx will spin off FedEx Freight as an independent company on June 1, and the new business will quickly join the S&P 500 index.
J.P. Morgan says the separation could unlock more value for shareholders.
Investing.com -- JPMorgan upgraded FedEx to Overweight from Neutral on Wednesday, raising its price target to $460 from $432, as the bank's analysts said the stock offers an attractive opportunity ahead of a pivotal period for the logistics giant.
Pre-Market Stock Futures: Futures are trading higher as we hit the mid-week point, as the technology-led rally continues to spiral higher. While the major indices finished the day mixed, the technology-heavy Nasdaq led the way once again, closing at a new record high of 26,656, up 1.19%, while the S&P 500 also set a new ... Here Are Wednesday’s Top Wall Street Analyst Research Calls: Agilent, Dollar General, FedEx, GE Aerospace, Hershey, Intuit, SanDisk, Workday, Zscaler, and More
UBS is sticking with a Buy rating on FedEx Corp (NYSE:FDX, XETRA:FDX) and a price target of $445, as the company gets ready to spin off its freight business into a standalone stock next week. The freight unit, set to trade under the ticker FDXF, enters when-issued trading on May 27, with...
A consortium spearheaded by FedEx has put forward an approximately €7.8 billion (around $9.06 billion) acquisition proposal for Polish parcel locker firm InPost. The buyout proposal, initially announced in February and unanimously endorsed by InPost’s board, is anticipated to run...
By Matthias Inverardi DUESSELDORF, May 22 (Reuters) - Some of the world's biggest shipping companies - DHL, FedEx and UPS - on Friday called on EU finance ministers to implement a phased approach to
FedEx (FDX) and its freight business FedEx Freight (FDXF), expected to start trading June 1, will li
The all-cash bid of €15.60 per share needs 80% of InPost shareholders to tender for the deal to close
A consortium spearheaded by FedEx (NYSE:FDX) has put forward an approximately €7.8 billion (around $9.06 billion) acquisition proposal for Polish parcel locker firm InPost. The buyout proposal, initially announced in February and unanimously endorsed by InPost’s board, is anticipated to run from May 26 to July 27. Regulatory approvals for the transaction have already been obtained in China, Israel, Italy, Turkey, and Ukraine. The European Commission and Vietnam are expected to complete their rev
Despite outperforming the broader market over the past year, Wall Street analysts maintain a cautiously optimistic outlook on FedEx’s long-term growth potential.
Consumer complaint adds legal risk after Supreme Court tariff ruling
The agency plans to round up any fraction of an inch for several of its services, part of a wave of changes set to impact package shippers on July 12.
A new standalone FedEx Freight may resemble a start-up, but the LTL carrier is far from it, experts say.
Network insights from the logistics giant will help enable data-driven supplier management and boost visibility, per a news release.
The board at FedEx has formally greenlit the spinoff of the company's freight division. The post FedEx board approves spinoff of LTL unit appeared first on FreightWaves.
Raj Subramaniam downplays fears around logistics expansion push
The logistics companies said their capabilities and focus areas are largely different from what Amazon is now offering to all businesses.
While many transportation companies struggle when fuel prices rise, FedEx and J.B. Hunt are positioned to benefit from pricing power, network efficiency, and shifting freight dynamics.
FEATURE Amazon com was disrupting things again on Tuesday. The online retail giant announced 30-minute rapid deliveries on “thousands of groceries and essentials.” The service is now in Atlanta, Dallas–Fort Worth, Philadelphia, and Seattle, “with rapid expansion underway in dozens more U.