Summary
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FedEx Corporation completed the spin-off of its FedEx Freight business on June 1, 2026, creating two independent publicly traded companies. FedEx Freight Holding Company now trades on the New York Stock Exchange under the ticker symbol FDXF, while FedEx continues trading as FDX. The separation, first announced in December 2024, positions the standalone LTL carrier to pursue freight-specific growth strategies without being subordinated to FedEx corporate priorities. Analysts expect the newly independent entity to adopt more disciplined pricing, potentially tightening LTL market capacity over the next two quarters.