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Recent Updates — FDXF

September 2, 2026View Source ↗

FedEx Freight Holding Company, Inc. terminated Michael B. Lyons, Executive Vice President – Chief Specialized Services and Commercial Officer, effective September 2, 2026. The termination followed an internal investigation which determined that Mr. Lyons violated the company's Code of Conduct and no longer met employment standards. The company stated that his conduct did not impact financial reporting, performance, internal controls, strategy, or customer relationships. His responsibilities are transitioning to existing executive leadership while a search for a replacement is conducted. FedEx Freight Holding Company, Inc. operates in the freight transportation industry.

August 6, 2026View Source ↗

FedEx Freight Holding Company, Inc. filed an 8-K to announce a change in its fiscal year-end from May 31 to December 31 following its spin-off from FedEx Corporation on June 1, 2026. The company is also revising the presentation of certain income statement line items by aggregating fuel, rentals, and maintenance costs into 'Operating supplies and expenses,' while separating insurance, claims, taxes, and licenses. These changes have no impact on previously reported total revenue, operating expenses, or net income. The filing includes unaudited recast financial results for the calendar years ended December 31, 2025, and 2024, showing full-year revenue of $8,778 million and net income of $1,059 million in 2025 compared to $9,092 million and $1,440 million respectively in 2024. The company operates in the freight transportation industry.

June 26, 2026View Source ↗

FedEx Freight Holding Company, Inc. approved several executive compensation-related matters effective June 24, 2026, following its spin-off from FedEx Corporation. The Human Resources and Compensation Committee approved the TY26 AIC Plan, the TY26-CY28 LTIP, and spin-off bonuses for key executives, including CEO John A. Smith, Clement Edward Klank III, Michael B. Lyons, Michael Rodgers, Clinton D. McCoy, and Marshall W. Witt. The plan includes cash incentives and equity-based awards (PSUs and RSUs) based on free cash flow and earnings per share performance. FedEx Freight Holding Company, Inc. operates in the transportation and logistics industry, providing freight services.

June 25, 2026View Source ↗

FedEx Freight Holding Company, Inc. announced its segmented financial results for the fiscal quarter and year ended May 31, 2026, via a press release. The company operates in the transportation and logistics industry, providing freight services.