Jim Cramer on FedEx Freight Spin-Off Plans: “This Deserves a Lot of Attention”

Core Insights - FedEx Corporation is planning a spin-off of its freight division, which is set to begin trading independently in June [1] - The spin-off is expected to be a compelling investment opportunity if priced reasonably [1] - The company's CEO, Raj Subramaniam, is recognized for orchestrating a turnaround at FedEx, which is noted for its strong competitive position in the logistics industry [2] Company Overview - FedEx provides a range of services including transportation, shipping, logistics, express and freight delivery, e-commerce solutions, and supply chain management [2] - The company is considered to have one of the greatest competitive moats in the industry, rivaled only by United Parcel Service [2] Leadership and Management - Raj Subramaniam, the current CEO, is praised for his leadership and the ongoing turnaround at FedEx [2] - The legacy of the late Fred Smith, the founder, is highlighted, with a strong belief in Subramaniam's capabilities [2]