FedEx Corporation has announced a strategic decision to spin off its freight division, creating two separate public companies. This move is seen as a response to ongoing supply chain challenges and aims to enhance operational focus. Following the announcement, FedEx shares experienced a notable surge, reflecting positive investor sentiment. The spin-off of the $30 billion freight unit comes amidst mixed earnings results for the company, which includes a lowered full-year guidance. Analysts speculate that this separation could lead to more streamlined operations and cost efficiency within both entities as they adapt to a changing industrial landscape.