FedEx Freight Holding Company, Inc.

FedEx Freight Holding Company, Inc. (NYSE: FDXF) operates as the largest less-than-truckload freight carrier in North America, providing comprehensive transportation and logistics solutions across the United States, Canada, and Mexico. The company maintains its website at ir.fedexfreight.com.

As of June 1, 2026, FedEx Freight operates approximately 40,000 employees across more than 365 locations, including approximately 355 shipping terminals and 10 linehaul relay sites. The company maintains nearly 30,000 motorized vehicles, of which approximately 17,000 are tractors, and serves more than 26,000 service center doors strategically positioned throughout high-demand regions. The company's network provides coverage to approximately 98 percent of all ZIP codes in the United States and extends service to most points in Puerto Rico and the U.S. Virgin Islands through strategic alliances.

FedEx Freight's service portfolio comprises two complementary offerings designed to address distinct customer needs. FedEx Freight Priority delivers premium, time-definite service with industry-leading transit times, including next-business-day service for shipments traveling up to 600 miles. FedEx Freight Economy provides value-oriented service for shipments with flexible transit requirements. The company also offers FedEx Custom Critical for expedited, time-specific freight solutions available around the clock, along with specialized services including Volume Services, FedEx Freight Direct for residential and commercial deliveries, and Retail Flex for large retailer deliveries.

The company serves approximately 108,000 active customers across diverse industries and geographies, with no single customer representing more than four percent of revenue. FedEx Freight operates a proprietary, digitally-enabled technology platform featuring LTL Select, a cloud-based transportation management system offering online quoting, shipment booking, real-time tracking, and advanced analytics capabilities. The company leverages route optimization algorithms, load planning systems, electronic logging devices, and RFID tracking to enhance operational efficiency.

FedEx Freight was spun off from FedEx Corporation on June 1, 2026, becoming an independent publicly traded company. The company operates under trademark licenses from Federal Express Corporation and maintains intellectual property cross-licenses with FedEx entities. The business model emphasizes network scale, service differentiation, technology integration, and operational excellence to compete effectively within the North American freight transportation industry.