FedEx Freight Holding Company reported financial results for the four-month transition period ended September 30, 2026, following its spin-off from FedEx Corporation on June 1, 2026. Revenue increased 9.2% year-over-year to $3.3 billion, driven by fuel surcharge revenue and higher weight per shipment, while average daily shipments decreased 1.4% to 88.9 thousand. Diluted earnings per share were $1.54, a 43% decrease from the prior year period, though adjusted diluted EPS was $2.15. The company also provided updated guidance for the remainder of the transition period and introduced forecasts for the three months ending December 31, 2026. FedEx Freight is North America’s largest less-than-truckload carrier.
