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FedEx will spin off FedEx Freight into a separate, publicly traded company on June 1, 2026.
FedEx has filed a Form 10 with the SEC to spin off FedEx Freight into an independent, publicly traded company on June 1, 2026, with stock expected to trade on the NYSE under the symbol FDXF.
The tax-free separation aims to strengthen both FedEx Corp. and the new LTL carrier, which will focus on growth, technology, and operational efficiency.
R. Brad Martin will chair the new board, and John Smith will lead as CEO.
FedEx Freight, the largest North American LTL carrier, reported $8.9 billion in 2025 revenue and operates 355 terminals with 26,000 doors.
The move supports long-term shareholder value and improved service.
FedEx separará FedEx Freight en una compañía separada y cotizada en bolsa el 1 de junio de 2026.