FedEx Names CEO for Freight Post-Spinoff

FedEx chooses insider to lead Freight spinoff

John A. Smith is considered one of FedEx’s best operators. One analyst said, “What do you do? Put in a jockey that’s never won the derby on a horse, or do you put in a jockey that won a dozen derbies?”

FedEx names CEO for Freight post-spinoff

John A. Smith, who led the LTL carrier from 2018 to 2021, will take the helm once the move is complete by next year.

FedEx Names CEO, Chairman for Spun-Off Freight Unit

The appointments will take effect after the separation of FedEx Freight from FedEx Corp., which the company expects to complete by June 2026.

Is Investing in a FedEx Route a Good Idea?

Key Takeaways Lucrative Opportunity: Investing in a FedEx route offers a promising business avenue due to the increasing demand for e-commerce and package delivery services. Types of Routes: It’s crucial to understand different FedEx routes—Line Haul, Delivery, and Home Delivery—to align your investment strategy effectively. Consistent Revenue: FedEx route ownership can yield reliable earnings, with potential annual revenues ranging from $100,0…