Shares in companies that are spun off from existing firms tend to outperform the S&P 500 by an average of 10% over the subsequent 18-24 months, data compiled by Trivariate show.
January 6, 2025Business, Logistics, For-Hire, Top 100
Why 2025 Could Be the Year of the Corporate Spinoff
Business, Logistics, For-Hire, Top 100
FedEx Freight Spinoff Draws Positive Analyst Reactions
Wall Street analysts offered overall positive initial reactions to the Dec. 19 news that FedEx Corp. plans to by 2026 spin off its LTL division into a separate, publicly traded company.
December 23, 2024Business, Logistics, Breaking News, For-Hire, Global Freight, Top 100
FedEx Freight Spinoff to Create Largest LTL Carrier
FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded LTL carrier in North America in the process.
December 19, 2024Business, Logistics, Top 50, Top 100
Incoming CEO of XPO Spinoff Company Outlines Plans
Malcolm Wilson shared his hopes and plans Jan. 15 for when he becomes the first CEO of a new company splitting from XPO Logistics Inc.
January 19, 2021Business, Logistics, Breaking News, Top 100, Top 50
XPO Logistics Plans to Split Into Two Companies
XPO Logistics Inc. plans to split into two by spinning off its logistics business in a tax-free transaction that will create a separate publicly traded company.
December 2, 2020Business
Patriot Names Trucker New Patriot as Part of Spinoff
Patriot Transportation Holding Inc. said it is creating New Patriot, a separate publicly traded carrier, as part of a plan to split the business into transport and real estate units.
August 25, 2014