FedEx Corporation has reached the final trading milestone for the separation of its freight business. May 29, 2026, marked the end of the ex-distribution trading period for FedEx common stock on the NYSE. This was the final day for stockholders to trade shares with specific entitlements to the spin-off.
The independent FedEx Freight Holding Company begins trading on the New York Stock Exchange under ticker FDXF on June 1, 2026. The new company will join the S&P 500 and the Dow Jones Transportation Average. FedEx Freight replaces American Airlines in the Dow Jones Transportation Average.
The new divisor for calculating the transportation average becomes available on May 29, 2026. These index inclusions signal strong investor confidence in the standalone entity.