FedEx Freight

FedEx Freight reported revenue of $2.44 billion and adjusted EPS of $1.49 for the quarter, both above consensus, and said revenue per shipment rose 1.1% year-over-year. Management cited stronger contract renewals, a dedicated salesforce and rising demand in retail, aerospace and food verticals, while on-time service reached 98% and claims rates fell. The company guided Q4 revenue, operating income, margin and adjusted EPS above Street expectations, and noted steady monthly improvement in average daily shipments heading into 2027. » Mais em cnbc.com

FedEx Freight has appointed Michael Rodgers, effective immediately, as executive vice president and chief commercial and technology officer. Rodgers will remain head of the technology organization and will additionally take on sales, customer experience, marketing and communications; he had been CTO since June 2025. Tom Connolly remains vice president of sales and will continue to lead the sales team. » Mais em de.investing.com

The Bill and Melinda Gates Foundation Trust purchased about 1.19 million shares of FedEx Freight for roughly $180 million, opening the position within weeks of the unit's June 1, 2026 spinoff. FedEx Freight is North America's largest less‑than‑truckload carrier with extensive assets and a nationwide network. Goldman Sachs initiated coverage with a Buy and $186 target, projecting mid-single‑digit revenue growth and margin improvements as the standalone company pursues pricing, sector exposure and productivity gains. » Mais em finance.yahoo.com

Diamond Hill Capital's Q2 2026 Large Cap Strategy added FedEx Freight Holding Company following the FedEx spin-off, highlighting the company's position as the largest LTL carrier by revenue and the potential to improve margins through focused operational execution. The firm notes the LTL industry's concentration and favorable demand trends, and expects FedEx Freight to benefit as a standalone operator despite current margin gaps versus peers. The article also reports recent market data: share price closed at $140.53 on July 31, 2026, one‑month return -7.96%, market cap roughly $20.9 billion and a 52‑week range of $135.00–$200.00. » Mais em finance.yahoo.com

FedEx Freight shares rose about 6.5% in midday trading after Stephens initiated coverage with an 'Overweight' rating and a $180 price target. Earlier, Goldman Sachs had the stock at 'Buy' with a $186 target. Analysts see a recovery in the freight cycle and opportunities for margin improvement for the largest North American LTL provider (about 17% market share, roughly $9 billion in annual revenue), while the stock is trading near the low end of its 52‑week range. The new ratings provide short-term tailwinds and could prompt investors to reassess the company’s standalone business profile. » Mais em de.investing.com