FedEx Corp. executives will separate their less-than-truckload operation, the country’s largest, into its own public company, a move analysts predicted this summer when the Memphis-based shipping ...
The rise of e-commerce continues to disrupt logistics and supply chain operations, driving the need for faster, more efficient delivery models. As consumer demands evolve, traditional freight methods ...
Ben Ames has spent 30 years as a journalist since starting out as a reporter for daily newspapers in Pennsylvania and Massachusetts. He has focused on business and technology reporting since 1999 for ...
FedEx Corp. plans to spin off FedEx Freight and create a new publicly traded company within the next 18 months. The move will allow each company to continue to pursue its own growth strategies, with ...
FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded less-than-truckload carrier in North America in the process ...
But analyst Brian Ossenbeck is increasingly concerned that FedEx’s full-year earnings-per-share guidance is at risk, given that it already embeds a rebound in freight fundamentals. FedEx expects ...
(RTTNews) - FedEx Corp. (FDX) Thursday announced its plans to spin-off its FedEx Freight division. Following the news, shares of the company gained nearly 10% in after-hours trading session. The ...
Fadi Chamoun, an analyst from BMO Capital, maintained the Hold rating on FedEx (FDX – Research Report). The associated price target is $325.00. Fadi Chamoun’s rating is based on the analysis of ...
BofA analyst raises FedEx price target to $348, expecting value creation through separation and operational improvements. FedEx's FY25 and FY26 EPS estimates increased by 2%, with benefits from ...
A software system currently being used to help small and medium retailers and manufacturers manage multiple shipments via FedEx Express and FedEx Ground will now be offered by FedEx Freight as well – ...
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Experts Say Added Costs From FedEx, UPS Will Drive Up Parcel Costs Through Remainder of 2025
FedEx and UPS's changes, compounded with President Donald Trump's changes to de minimis, have increased costs year on year for the express parcel market, which is expected to fall 2.1 percent above ...
15th Annual Rail/Intermodal Roundtable: Seeking growth drivers amid big M&A questions The 15th Annual Rail/Intermodal Roundtable examines the current state of the U.S. rail and intermodal markets, ...
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