FedEx completes Freight spin-off, shifts to calendar year-end, splits Express into two segments

Filed July 21, 2026 · Period ending July 21, 2026 · ~1 min read

Key Changes

• high

  Completed spin-off of FedEx Freight less-than-truckload business on June 1, 2026, creating a new publicly traded company; FedEx no longer consolidates Freight results and it is no longer a reportable segment.

  Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →
• high

  Announced July 1, 2026 sale of FedEx Supply Chain to CMA CGM Group for as part of portfolio streamlining; transaction expected to close in second half of calendar 2026.

  Exhibit 99.1 view on EDGAR →
• medium

  Changed fiscal year-end from May 31 to December 31 effective June 1, 2026; will report seven-month transition period (June 1 through December 31, 2026) in a Transition Report on Form 10-K, then move to calendar-year reporting starting fiscal 2027.

  Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →