FedEx Freight Spin-Off: A New Road Ahead
Markets & Money Today | 2 Min News | The Daily News Now! - Un pódcast de The Daily News Now! - Viernes
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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.
