Wall Street is rotating into FedEx as the logistics giant hits record highs, driven by a corporate restructuring and a planned spin-off of its freight unit.

The company states: “FedEx (FDX) announced that its Board of Directors has concluded a comprehensive assessment of the role of FedEx Freight as part of its portfolio and has decided to pursue a full ...

Parcel delivery giant FedEx (NYSE:FDX) said Thursday it has decided to pursue a tax-free separation of FedEx Freight, the business that handles large cargo, and create two independent publicly listed ...

Unlocks significant value for FedEx stockholders through creation of a new publicly listed less-than-truckload (LTL) industry leader Preserves commercial and operational synergies between both ...