FedEx Freight CEO Outlines Strategic Benefits of Spinoff and Growth Goals
Following its spinoff from FedEx, FedEx Freight aims to invest more aggressively in growth initiatives tailored for the less-than-truckload (LTL) market. The company plans to reach a 15% operating margin by 2029 as it seeks to improve competitiveness against industry peers like Old Dominion and XPO.
Topics: growth strategy logistics LTL shipping spinoff