[Stay on top of transportation news: Get TTNews in your inbox.] FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.

FedEx is acquiring a 37% stake in European parcel operator InPost as part of a consortium, expanding its out of home delivery reach in e commerce. The company plans to spin off FedEx Freight into an ...

This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. FedEx's upcoming spinoff of its trucking unit is ...

MEMPHIS, Tenn. - FedEx announced that it will close 29 of its Freight locations and consolidate its operations into other locations. FedEx said that the furlough for certain job classes, starting May ...

FedEx Corp. President and CEO Raj Subramaniam said the company's vision is to "make supply chains smarter for everyone.” ...

Dec 19 (Reuters) - FedEx (FDX.N), opens new tab announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures operations to focus on its core delivery ...

Editor's note: This story has been updated to show FedEx clarified there have been four rounds of furloughs at FedEx Freight since November. For the fourth time in six months, FedEx Freight has ...

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 ...

FedEx Freight opened a service center in Greenwood, Ind., at the end of May, the carrier said. FedEx Corp.’s less-than-truckload division now has 323 terminals nationwide with the latest facility ...