FedEx Freight Successfully Spins Off as Independent Company
FedEx Freight Holding Company (FDXF) announced the completion of its spin-off from FedEx (FDX), establishing FedEx Freight as an independent, publicly traded company and focused leader in the North American less-than-truckload industry. FedEx Freight common stock will begin "regular way" trading June 1 on the New York Stock Exchange under the ticker symbol "FDXF." It has been announced that FedEx Freight will join leading global equity indices, including the S&P 500 and the Dow Jones Transportation Average. FedEx will continue to trade on the NYSE under the ticker symbol "FDX."