Form 10-K · Annual report

FedEx Freight 10-K, filed Aug 5, 2026

Filed
CIK
0002082247
Accession no.
0001628280-26-053359
AI-generated summary

Summary

FedEx Freight Holding Company became an independent, publicly traded LTL freight carrier on June 1, 2026, after FedEx distributed roughly 80.1% of its common stock to FedEx shareholders in a tax-free spin-off. The company has moved its fiscal year-end from May 31 to December 31 and will rely on FedEx for certain services, generally for no more than 24 months, while building stand-alone functions.

Key points

  • FedEx distributed shares representing about 80.1% of FedEx Freight Holding Company's outstanding common stock to FedEx shareholders of record as of May 15, 2026.
  • The spin-off was tax-free for U.S. federal income tax purposes, and FedEx Freight became an independent public company following the distribution.
  • Effective June 1, 2026, FedEx Freight's fiscal year-end changed from May 31 to December 31.
  • FedEx Freight entered separation agreements with FedEx, including a Transition Services Agreement, and expects to replace transition services within about 24 months.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

From the filing

ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND FINANCIAL CONDITION The following discussion and analysis of our results of operations and financial condition should be read in conjunction with the consolidated financial statements and corresponding notes included elsewhere in this Annual Report. The following discussion and analysis provides information management believes to be relevant to understanding the financial condition and results of operations of FedEx Freight for the years ended May 31, 2026, and 2025. …

An excerpt of the text as filed with the SEC, cut for length.

Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.

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