Companies

FedEx Freight

Transportation and logisticsMemphis, TennesseeFDXFAbout 40,000 employees

More about FedEx Freight

Less-than-truckload freight carrier serving shippers across the US, Canada and Mexico; spun off from FedEx in June 2026

Revenue
$8.8B
Fiscal 2026 (to May), down about 1%
Employees
About 40,000
As of June 2026
Stock
FDXF
New York Stock Exchange
Headquarters
Memphis, Tennessee
CEO
John A. Smith
Since June 2026 spin-off
Main businessesLess-than-truckload (LTL) freight, with about 355 shipping terminals
Current strategyExiting transition service agreements with FedEx, modernizing systems, rebuilding its own sales force and using AI to improve efficiency as a stand-alone company
CompetitorsOld Dominion Freight Line, XPO, Saia

Checked October 11, 2026 · Sources: sec.gov, sec.gov (2), fleetowner.com

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