FedEx Approves Separation (Spin-Off) of FedEx Freight Into Independent Public Company
May 13, 2026
FedEx approved the separation of its freight business, paving the way for FedEx Freight to operate as an independent publicly traded company on June 1, 2026. The transaction is structured as a pro rata dividend distribution of 80.1% of FedEx Freight Holding Company shares to FedEx shareholders, with FedEx retaining about 19.9% to be disposed of within 24 months.
- Targets
- FedEx Freight Holding Company
- Sellers
- FedEx shareholders (receiving the distribution of FedEx Freight shares)
- Industry
- Transportation
- Location
- Tennessee, United States
- Transaction Type
- Divestiture
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