06/03/2026
"FedEx Corp. has completed the spin-off of FedEx Freight, creating two separately traded public companies and marking a major restructuring of the transport and logistics group's business portfolio." -- STAT Trade Times
The spin-off was carried out through the distribution of 80.1% of FedEx Freight's outstanding common stock to FedEx shareholders. FedEx retained a 19.9% stake in the newly independent company.