Rail & Road #fedex#freight
FedEx Freight Forecasts 4-6% Revenue Growth as Standalone Company After Spinoff
FedEx Freight, now an independent company after spinning off from FedEx Corp. on June 1, reported a 4.8% revenue increase to $2.4 billion in its fiscal fourth quarter. The less-than-truckload carrier expects 4% to 6% revenue growth for the remaining seven months of the year, with an operating margin of 9% to 9.5%. Despite a 5.9% decline in average daily shipments, revenue per shipment rose 11.5% to $415.22.
Jun 25, 2026 1 source