March 1 (UPI) --A FedEx cargo plane made an emergency landing back to Newark Liberty International Airport in New Jersey on Saturday morning after a bird strike caused one of its engines to catch fire ...

FedEx said its board approved the spinoff of its freight business, clearing the way for the long-planned separation of FedEx Freight from its parent on June 1. The breakup, first announced in late ...

FedEx is spinning off its freight arm into a new publicly traded company. Called FedEx Freight, the new company will handle large cargo, while FedEx will continue to handle the parcel shipping ...

Add Yahoo as a preferred source to see more of our stories on Google. The Atlanta-based parcel delivery firm was awarded a “significant” air cargo contract by the USPS, which expands the existing ...

NEWARK, N.J. – A FedEx cargo plane made an emergency landing at a busy New Jersey airport on Saturday after a bird strike caused an engine fire that could be seen in the morning sky. The plane landed ...

FedEx’s tax-free FedEx Freight spin-off (June 1): key dates, share ratio, growth targets, and valuation vs peers.

LOS ANGELES, Jan 28 (Reuters) - ‌FedEx said on Wednesday ‌it is working with Boeing and U.S. aircraft safety regulators to return to service ‍by May 31 the MD-11 cargo planes it grounded after ⁠the ...

FedEx ⁠said on ​Wednesday ‌it ‌would ⁠allot its shareholders ⁠one share ​of ​the freight ⁠unit it ⁠is ⁠hiving off ​for every ...

MEMPHIS, Tenn. - FedEx Corporation intends to separate FedEx Freight from the parent corporation, turning it into a new company. FedEx announced Thursday that its Board of Directors finished an ...

Shareholders were notified in a letter that they will receive one share of FedEx Freight for every two shares of FedEx common ...