November 23, 2024

FedEx cost cuts are delivering results, and potential freight spinoff is ‘tantalizing’: analysts

 FedEx cost cuts are delivering results, and potential freight spinoff is ‘tantalizing’: analysts

FedEx cost cuts are delivering results, and potential freight spinoff is ‘tantalizing’: analysts

FedEx has placed its freight business under strategic review, the company said when it reported fiscal fourth-quarter results Tuesday.