FedEx Jumps on Plan to Spin Off $30 Billion Freight Unit
- Posted on December 20, 2024
- By Bing News
- 1 Views
FedEx Jumps on Plan to Spin Off $30 Billion Freight Unit
FedEx Corp. shares soared after the company said it plans to spin off its freight division into a separate publicly traded company in a deal that will streamline the parcel giant.