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FedEx Freight rallies on Q3 results and improved outlook for transition period (FDXF:NYSE)

FedEx truck in downtown San Francisco

funky-data/iStock Unreleased via Getty Images

Shares of FedEx Freight (FDXF) were launched higher Friday after reporting better-than-expected third-quarter results and raising its outlook for the transition period ending on December 31.

“While we are in the early stages of our journey as an independent company, we

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