FedEx is currently conducting a strategic analysis of its FedEx Freight segment, considering the possibility of selling or spinning off the division to focus on its core parcel and logistics business. This move comes as part of the company's long-term stockholder value creation plans, with CEO Raj Subramaniam emphasizing the importance of unlocking sustainable shareholder value. Despite being the best-performing segment within the corporation, with impressive operating margins of 20% in recent years, FedEx Freight's potential divestiture reflects a commitment to maximizing profitability and streamlining operations. The company's strong performance in the fourth quarter, with a $58 million increase in operating income, underscores its ability to overcome challenges in the market. As the largest LTL carrier in the nation, FedEx Freight's operational efficiency and impressive operating ratio position it as a valuable asset in the transportation industry.