FedEx Freight CEO John Smith sits down with Jim Cramer
Speakers
Jim Cramer
— Host, Mad Money
John Smith
— President and CEO, FedEx Freight
Summary
Jim Cramer interviews John Smith, CEO of FedEx Freight, after the company's spin-off from FedEx. Smith discusses the advantages of independence, including focused investments, a dedicated sales force, and technology upgrades targeting 15% margins by 2029. Cramer expresses confidence in FDXF as a long-term hold in his charitable trust, citing strong operations and leverage to an improving economy.
- FedEx Freight began trading as a standalone company under ticker FDXF.
- CEO John Smith emphasizes the value unlocked by independence from FedEx.
- Smith outlines plans for LTL-specific sales force, customer technology upgrades, and a 15% margin target by 2029.
- Smith notes that tightening truckload capacity benefits LTL carriers like FedEx Freight.
- Jim Cramer states FDXF is a keeper in his charitable trust and sees upside.
- Autonomous truck technology is tested but not an immediate investment focus.
- The interview highlights FedEx Freight's competitive advantages in speed, reliability, and network size.
Trade Ideas
FDXF is a keeper with upside.
FedEx Freight as an independent company has significant advantages: it is the largest, fastest, and most reliable LTL carrier in North America. The spin-off allows focused capital investment, a dedicated LTL sales force, technology improvements, and a clear path to 15% operating margin by 2029. Additionally, tightening truckload capacity is shifting larger shipments into LTL, benefiting the business even in a weak economy.
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This CNBC video, published June 02, 2026, features Jim Cramer discussing FDXF. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: Jim Cramer · Tickers: FDXF