The Company intends to execute the planned separation through a capital markets transaction, creating two independent, ...

Federal Express’ strategy for improving profitability and soft parcel volumes includes redeploying aircraft for daytime ...

The two entities will both operate under the FedEx brand and maintain close ties on “key commercial, operational, and ...

FedEx's decision to spin off its LTL unit marks the end of an era that began nearly 30 years ago when major parcel carriers ...

Fedex has been on the leading edge of testing and deploying various alternative fuel delivery trucks for several years and has now expanded its fleet of hybrid delivery vans by 50 percent.

FedEx Express is bringing new all-electric delivery vehicles to New York City, Chicago and Memphis, and diversifying the existing Los Angeles fleet. In all, FedEx will add into service 15 Navistar ...

FEDEX announced the much-anticipated spinoff of its freight trucking division on Thursday (Dec 19), as it restructures ...

FedEx retires 22 Boeing 757 aircraft to optimize fleet and align with air freight demand post-pandemic. The carrier's fourth-quarter earnings surpass industry predictions with revenue of $22.1 ...

An EV manufacturer made layoffs, a wheel supplier filed for bankruptcy, and FedEx announced plans to separate its LTL ...

On the spin-off of its freight division, FedEx is expected to communicate about the strategic review by the end of the year.

That same 4.25% 2030 was last trading at a G-spread of 148bp, according to MarketAxess data. The aircraft are part of FedEx's modernization strategy, which looks to improve fuel efficiency and ...

FedEx is implementing a color-coded streamlining of the air network that involves segregating the fleet by product categories and demand, part of a broader corporate campaign aimed at removing $6. ...