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FedEx Freight spinoff on track for June 2026
Yahoo Finance· 2025-09-19 08:06
The nation’s largest less-than-truckload carrier, FedEx Freight, is on track to become a standalone public company by June of next year. Parent company FedEx said Thursday it plans to spend $600 million enhancing IT infrastructure and systems ahead of the spinoff. Join the leaders shaping freight’s future atF3: Future of Freight Festival, Oct 21-22.Network with the industry’s best and discover what’s next. Register now! Shares of FedEx Freight will be listed on the New York Stock Exchange under the ticke ...