FedEx Freight CEO John Smith said the company's separation from FedEx will allow it to invest more aggressively in growth initiatives.

Shares of FedEx Corp FDX are falling on Tuesday, after the spin-off of FedEx Freight Holding Company Inc FDXF. The independent public company is now the largest less-than-truckload (LTL) provider in ...

FedEx completes its freight separation, raises its dividend, and refreshes its board as the company sharpens focus on express ...

FedEx Freight Holding Co. is pursuing new business in sectors including data center infrastructure, grocery and healthcare to ...

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 ...

UPS too has been slashing costs: last year it closed 93 buildings and cut 48,000 staff, reducing costs by $3.5bn. Another ...