Analysis: The Trucks Are Ready. Washington Isn't.
FedEx Freight's Autonomous Bet and What It Means for Every Player in the Industry
“These trucks can depart from the yard, maneuver to the interstate, travel along the interstate, and arrive at the next location. In 99.9% of cases, the driver does not intervene at all. The regulatory aspect will pose the greatest challenge.”
— John Smith, CEO, FedEx Freight, June 2026
FedEx Freight made two significant moves this week. First, it completed its spinoff from FedEx Corp and began independent trading on the NYSE under the ticker FDXF on June 1, 2026, with $8.7 billion in revenue and $1.1 billion in projected adjusted operating income. Second, shortly after its market debut, incoming CEO John Smith announced that autonomous linehaul trucks are technically ready for commercial deployment. The primary barrier to large-scale driverless trucking is regulatory approval.
