November 2, 2026Stocks·Neutral
FedEx Freight announces 6.9% general rate increase effective January 8, 2027
FedEx Freight Holding Company, Inc. announced a 6.9% general rate increase effective January 8, 2027, expected to cover about one-third of the company's revenue. It also reported a $100 million debt reduction, bringing its gross leverage ratio to 2.8x, and reiterated a 2.5x leverage target within 12 months of separation from FedEx Corporation.
Detected & updated continuously · Source: Nebula
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