FedEx ⁠Freight, the trucking company separating ⁠from the overnight delivery firm this summer, is expected ​to report an operating margin of 12% this year, incoming CEO John Smith told investors ‌on ...
FedEx announced the much-anticipated spinoff of its freight trucking division today, as it restructures its operations to focus on its core delivery business. Shares jumped about 9% in after-hours ...