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  2. FedEx is spinning off its freight business - AOL

    www.aol.com/fedex-spinning-off-freight-business...

    FedEx will spin off FedEx Freight as a new, publicly traded company over the next 18 months, it said on Thursday. ... FedEx announced FedEx Freight after the stock market closed Thursday.

  3. FedEx stock rockets almost 16% on earnings beat—and BofA ...

    www.aol.com/finance/fedex-stock-rockets-almost...

    The company also plans to complete a review of FedEx Freight by the end of the calendar year. FedEx stock rockets almost 16% on earnings beat—and BofA boosts its price target Skip to main content

  4. FedEx's freight spinoff plan to fortify core business, boost ...

    www.aol.com/news/fedexs-freight-spinoff-plan...

    FedEx Freight, the largest U.S. provider of less-than-truckload (LTL) services, could be valued between $30 billion and $35 billion, as per an estimate from Citi. ... Vail stock struggles as ...

  5. American Freightways - Wikipedia

    en.wikipedia.org/wiki/American_Freightways

    American Freightways Corp. (AF) was an American regional less than truckload (LTL) carrier based in Harrison, Arkansas.It was acquired by FedEx in 2001, [2] renamed FedEx Freight East in 2002, [3] and its operations were merged with FedEx's other LTL subsidiaries in 2010 to form FedEx Freight Inc. [4]

  6. FedEx - Wikipedia

    en.wikipedia.org/wiki/FedEx

    FedEx Freight hub in Detroit FedEx Freight truck in Las Vegas FedEx Freight is the largest less-than-truckload (LTL) freight carrier in the US, reporting US$8.9 billion in revenue for 2021, [ 25 ] and operates LTL and other freight services in the US and Canada.

  7. FedEx Stock Soars to New Peak. Here's Why I'm Doubling Down - AOL

    www.aol.com/fedex-stock-soars-peak-heres...

    FedEx stock is up more than 20% year to date, pushing it within a dollar of its $315.59 all-time high, set in 2021. Investors should be wary of stocks streaking to all-time highs based purely on ...

  8. Estes Express Lines - Wikipedia

    en.wikipedia.org/wiki/Estes_Express_Lines

    Estes expanded beyond its core LTL services in 2003 by founding an air freight division [5] and in 2012 by establishing a division offering supply chain service for business-to-business (B2B) and business-to-consumer (B2C) logistics called Level 2 Logistics. The company also launched the Estes SureMove division, an alternative to full-service ...

  9. FedEx Outperformed UPS in 2024, but Which Dividend Stock Is ...

    www.aol.com/fedex-outperformed-ups-2024-dividend...

    FedEx has posted respectable gains on the year compared to a 20% sell-off in UPS stock. ... FedEx Freight is significantly smaller than the rest of the business, contributing just $4.51 billion in ...