FedEx News - June 1, 2026

FedEx Completes Spin-Off of FedEx Freight Business into New Publicly Traded Company

FedEx Corporation has successfully completed the spin-off of its FedEx Freight business into a new, independent publicly traded company, FedEx Freight Holding,...

🔴 FDX is trading 16.2% down today after freight spin-off completion and distribution adjustments

FDX is trading 16.2% down today at $345.00 following the completion of its freight spin-off and related distribution adjustments. • The move reflects...