FedEx projects 4-6% revenue growth by 2026
FedEx Freight anticipates its revenue to grow between 4% and 6% by the end of 2026, following its separation from FedEx Corp. The company reported a revenue of $2.4 billion in the last quarter, despite a 23.9% decline in its operating income, which was due to costs associated with the separation, weak shipping volumes, and rising wages.
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