FedEx (NYSE:FDX) is one of the few large industrials that has actually delivered on a turnaround narrative this year, and the chart shows it. After a nearly 84% one-year run, with the DRIVE program ...

FedEx announced the much-anticipated spinoff of its freight trucking division today, as it restructures its operations to focus on its core delivery business. Shares jumped about 9% in after-hours ...

By Lisa Baertlein and Nandan Mandayam April 8 (Reuters) - FedEx Freight, the trucking company separating from the overnight ...

It has been a challenging period for the package delivery industry. To unlock more value, FedEx plans to spin off its freight business. UPS is an exciting turnaround play, and its stock offers a high ...