FedEx has approved the long-planned separation of its freight division, paving the way for FedEx Freight to begin trading as an independent company on the New York Stock Exchange next month. The company said its board of directors had authorised the distribution of 80.1% of FedEx Freight shares to ...

FedEx Corp. has announced the ten-member board of directors for FedEx Freight, ahead of its planned spin-off from FedEx Corp. on June 1, 2026. As previously announced, R. Brad Martin, current executive chairman of the FedEx Corp. board of directors, will serve as chairman of the board of FedEx Fr...