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FedEx trucking hub expansion in Netherlands aids new air cargo strategy
FreightWaves66d agoneutral
FedEx trucking hub expansion in Netherlands aids new air cargo strategy

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 Freight Stock Starts Trading Monday. What to Know.
Barrons.com69d agoneutral
FedEx Freight Stock Starts Trading Monday. What to Know.

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.

Investing.com70d agoneutral
JPMorgan lifts FedEx to Overweight ahead of freight spin-off

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.

Here Are Wednesday’s Top Wall Street Analyst Research Calls: Agilent, Dollar General, FedEx, GE Aerospace, Hershey, Intuit, SanDisk, Workday, Zscaler, and More
24/7 Wall St.71d agoneutral
Here Are Wednesday’s Top Wall Street Analyst Research Calls: Agilent, Dollar General, FedEx, GE Aerospace, Hershey, Intuit, SanDisk, Workday, Zscaler, and More

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

FedEx-Led $9 Billion Buyout Offer Window For Polish Parcel Firm InPost Opens May-End
Benzinga76d agobullish
FedEx-Led $9 Billion Buyout Offer Window For Polish Parcel Firm InPost Opens May-End

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

FedEx board approves spinoff of LTL unit
FreightWaves84d agoneutral
FedEx board approves spinoff of LTL unit

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.