As FedEx Freight prepares for its upcoming independence on June 1, it’s setting ambitious goals with a projected 12 percent operating margin this year. The trucking giant forecasts a hefty revenue of $8.7 billion, alongside promising medium-term growth for its revenue and core profits. With a strong focus on modernization investments, the company aims to steadily improve its margins.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets