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Transportation stocks offered a rare bright spot in an otherwise bleeding market today. The Dow Jones Transportation Average, which tracks 20 large U.S. companies ranging from airlines to railroads to truckers, was up about 1.
The company's Network 2.0 initiative can now go into full swing.
Find insight on FedEx Freight, Volvo and more in the latest Market Talks covering Auto and Transport.
As parcel carriers like SpeedX and Veho deploy in-house AI tools, experts say the technology could help upstarts close the gap with FedEx and UPS.
FedEx has outpaced its sector peers recently, and analysts remain moderately optimistic about the stock’s prospects.
A FedEx air cargo contractor says it wants to use bigger aircraft on Caribbean routes, but that FAA rules governing how far the planes can fly over water jeopardize continued service. The post FedEx partner airline says Caribbean service at risk without FAA waiver appeared first on FreightWaves.
FedEx is expected to announce its sixth consecutive dividend hike with Q4 results scheduled on 23 June.
FedEx's strategic spinoff of its freight division positions the leaner express company to drive significant margin expansion and higher investment returns.
FedEx's (FDX) fiscal fourth-quarter earnings could fall short of Wall Street's expectations as margi
Jim Cramer says newly public FedEx Freight could become a “true winner” as Wall Street bets the trucking giant’s spinoff from FedEx will finally unlock the premium valuation.
FedEx (FDX) is poised to report fiscal Q4 earnings before interest and taxes, and earnings per share
By Satish Jindel On Monday, FedEx Corp. spun-off its Freight division. What is left is the combined network of FedEx Express and FedEx Ground. It’s an opportune time to remember that FedEx (NYSE: FDX) would be a distant third-place parcel carrier in the U.S. market without the acquisition of RPS as part of the $2.4 […] The post Commentary: Why RPS is the most successful transportation startup ever appeared first on FreightWaves.
FedEx Freight (NYSE:FDXF) shares traded around $152 on Tuesday afternoon after Bank of America initiated coverage of the newly independent less-than-truckload (LTL) carrier with a ‘Buy’ rating and a $185 price target. The initiation comes one day after FedEx Freight was spun off from FedEx...
FedEx Freight was spun off from FedEx to operate independently.
Investing.com -- Truist Securities initiated coverage of FedEx Freight Holding Company (FDXF) with a Hold rating and a $155 price target in a note on Tuesday following the company's completed spin-off from FedEx Corporation (FDX).
FedEx Freight began trading as an independent company this week, but analysts say stronger margins and operating performance are needed before they become more bullish on the stock.
FedEx’s much-awaited Freight spin-off is finally here, but can newly listed FDXF become the next premium trucking giant?
After two years of testing, “the technology is there,” says CEO John Smith. Now the ball is in the regulators’ court.
The separation creates an independent less-than-truckload carrier focused on North America.
FedEx shares just got smaller -- but investors got FedEx Freight stock as a consolation prize.
Instead, FedEx’s spinoff—FedEx Freight trades under the symbol FDXF—is complete. FedEx was at $333 in late-morning trading, down about 1% from its Friday close north of $411. FedEx Freight shares were trading for $164, up about 2.5% from its late Friday price of about $160.
The nation’s largest less-than-truckload carrier, FedEx Freight, began trading as a standalone company on Monday. The post FedEx Freight embarks on journey as standalone LTL carrier appeared first on FreightWaves.
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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 completes spinoff of its FedEx Freight business. Shares join the S&P 500, Dow Jones Transportation indexes. FDX stock upgraded.
FedEx Corp. (NYSE:FDX) traded modestly higher on Monday after finalizing the separation of its freight division, creating a new standalone publicly listed company, FedEx Freight Holding Company, Inc.
The LTL carrier begins its new chapter since its spinoff was announced in December 2024.
(Bloomberg) -- Summer events including the FIFA World Cup and America’s 250th anniversary could spur sales of sweet treats, making now a key time to snap up beaten-down shares of Hershey Co., according to the candy and snack maker’s newest Wall Street bull.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceSpaceX Said to Cut IPO Value Goal to at L
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