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BofA now expects shipments per day to fall in both the third and fourth quarters
As FedEx Freight Holding has underperformed the broader market, Wall Street analysts remain moderately optimistic about the company’s outlook.
Key TakeawaysSpending Below Wear: FedEx spent $3. 8 billion on capital projects in fiscal 2026 against roughly $4.
DAYTONA BEACH, Fla., September 17, 2026--NASCAR and FedEx Freight Announce Long-term Series Entitlement Partnership
Michael Rodgers adds commercial officer duties to his roster, tying technology, sales and CX closer together.
FedEx (NYSE:FDX) expanded FedEx Freight CTO Mike Rodgers' remit to include commercial responsibilities after the prior CCO was terminated. Rodgers now carries the combined title of chief commercial and technology officer, aligning digital systems oversight with revenue facing functions. The reshuffle concentrates pricing, sales, and customer engagement decisions with the executive already running FedEx Freight's technology roadmap. The expanded chief commercial and technology officer role at...
Less-than-truckload carrier FedEx Freight named Mike Rodgers as chief commercial and technology officer, following the recent termination of an executive. The post FedEx Freight expands CTO’s role to cover commercial strategy following CCO ouster appeared first on FreightWaves.
MEMPHIS, Tenn., September 14, 2026--FedEx Freight Names Michael Rodgers Chief Commercial and Technology Officer
During the September 9 episode of Mad Money, a caller asked for guidance on managing a sizable underwater position in FedEx Freight Holding Company, Inc. (NYSE:FDXF) heading into its upcoming earnings report following recent stock volatility. Jim Cramer replied: Okay, now, what we’re doing is we’re holding back to buy more. You see, it’s still […]
FedEx Freight Holding Company Inc.’s (NYSE:FDXF) strong final quarter performance resulted in FY26 total revenue of $8.8 billion, a marginal 1.1% decrease compared to FY25. The company posted full-year adjusted operating income of $1.1 billion. For the last quarter, the company’s per-shipment revenue touched $415.22, exhibiting an 11.5% year-over-year growth. Overall topline jumped 4.8% to […]
Electric, autonomously driven big rigs are one solution to the shipping industry’s current diesel problem. A gallon of diesel fuel is around $6, nearly double the year-ago level. Crude oil prices aren’t up that much, but the fighting has taken so-called heavier crude off the market, which yields more diesel fuel per barrel, all else being equal.
XPO, Saia, Knight-Swift, and Paccar could benefit as tightening trucking capacity and improving freight rates outweigh the hit from soaring diesel prices.
Investing.com -- In a note to clients on Tuesday, JPMorgan initiated coverage of FedEx Freight with an Overweight rating and a December 2027 price target of $160, arguing the recent spin-off gives North America's largest less-than-truckload carrier room to improve profitability and service as a stand-alone company.
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