FedEx Freight Begins Trading as a Standalone Company Amid Market Skepticism and Amazon Competition

FedEx Freight (FDXF) started trading independently after being spun off from FedEx, but the stock closed nearly 7% lower on its first day. Despite this, it holds significant market potential due to its large less-than-truckload fleet in North America and a projected revenue growth of 4%-6%. However, FDXF faces competition from Amazon.

By Pathikrit Bose Tue, June 2, 2026 at 9:06 PM GMT+3 4 min read · Yahoo Finance · June 2, 2026, 18:06 UTC

Tickers: $AMZN $FDX

Topics: FDX spinoff logistics stock market

Read the full article at Yahoo Finance

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