FedEx Corporation To Spin-Off FedEx Freight Business In 1H26

(Photo by Robert Alexander/Getty Images)Getty ImagesDeal OverviewOn December 19, 2024, FedEx Corp. (NYSE: FDX, $278.66, Market Capitalization: $67.1 billion) announced that its Board of Directors had concluded a comprehensive assessment of the role of FedEx Freight as part of its portfolio and has decided to pursue a full separation of FedEx Freight through the capital markets, creating a new publicly traded company (for more information, visit spinoffresearch.com). Earlier, FedEx disclosed in June 2024 th ...