NEWM&A
FedEx (FDX) Freight Spinoff Projects 12% Operating Margin for 2026
Published on 4/8/2026
AI Summary
FedEx Freight, which will become an independent publicly listed company on June 1, expects to achieve an operating margin of 12% this year, as stated by incoming CEO John Smith. The company anticipates revenue of $8.7 billion and adjusted operating income of $1.1 billion. Additionally, FedEx Freight forecasts core profit growth of 10% to 12% and revenue growth of 4% to 6% in the medium term. These developments are relevant as rising U.S. diesel prices continue to impact profitability across the trucking industry.
Related News
M&A
Paramount (PARA) President Jeff Shell Exits Amid Leadership Changes
Apr 8
M&A
Merit (MERIT) Acquires Strategic Retirement Plans for $586M in Assets
Apr 8
M&A
National Road Logistics Files for Chapter 11 Bankruptcy Protection
Apr 8
M&A
Standard Chartered (STAN) to Merge Zodia Custody with Digital Unit
Apr 8