FedEx Freight Spin-Off: A New Road Ahead
Update: 2025-09-19
Description
FedEx Freight is breaking free! The less-than-truckload giant will spin off into its own public company by next June, trading under the ticker FDXF after a $600M tech and infrastructure upgrade. Despite a slight revenue dip and market headwinds, FedEx is doubling Freight's sales team and forecasting modest growth, fueled by a rate hike and hints of improving industrial demand. Investors are cheering, sending FedEx stock soaring.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel