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FedEx Freight FDXF

FedEx Freight is the 438th largest S&P 500 company by market cap, worth $16.5 billion. It joined the S&P 500 in the week of 5 Jun 2026, after its spin-off from FedEx. 10 directors have filed with the SEC in the last 12 months (who counts), 1 of them an executive. 6 other officers are on file. At 30 Jun 2026, Vanguard was its largest institutional holder, with 8.8% of the company.

CEO
John Alan Smith
Sector
Industrials
Sub-industry
Cargo Ground Transportation
Headquarters
Memphis, Tennessee
Founded
1982
More
Wikipedia
Market cap
$16.5B
438th largest, 23 Oct 2026 close
Revenue
$8.8B
Fiscal year 2026
Price to sales
1.9
Market cap over revenue
Employees
40,000
10-K, 1 Jun 2026
Market cap per employee
$411K
Market cap over employees
Connections
4
S&P 500 companies sharing a director or officer

Largest institutional holders

Each fund group's share of FedEx Freight. Where a company has several share classes, the share is of its total value.

13F filings for the quarter to 30 Jun 2026

These five hold 24.7% of FedEx Freight.

Source: SEC Form 13F data sets, SEC XBRL shares outstanding · All holders

Board and officers

4 people here also hold roles at other S&P 500 companies.

Roles filed up to 30 Sep 2026

NameTitle
Directors (10)
John Alan SmithPresident, CEO and DirectorPresident, CEO and Director
Jeffrey A. DavisDirectorAlso at LabcorpDirector
Donald FriesonDirectorAlso at Casey'sDirector
Stephen E. GormanDirectorDirector
Robert A. KingDirectorDirector
R. Brad MartinDirectorAlso at FedExDirector
Cindy J. MillerDirectorAlso at W. W. GraingerDirector
Amy J. SalcidoDirectorDirector
John P. SauerlandDirectorDirector
Samantha M. SmithDirectorDirector
Officers (6)
Marshall WittEVP - Chief Financial OfficerLast filed 11 Aug 2026EVP - Chief Financial Officer
Guy M. Erwin IISVP-Chief Accounting OfficerLast filed 16 Jul 2026SVP-Chief Accounting Officer
Clement E. Klank IIIEVP - ChrloLast filed 1 Jul 2026EVP - Chrlo
Michael B. LyonsEVP, Chief Commercial OfficerLast filed 1 Jul 2026EVP, Chief Commercial Officer
Clinton D. McCoyEVP - Chief Operating OfficerLast filed 1 Jul 2026EVP - Chief Operating Officer
Michael RodgersEVP - Chief Technology OfficerLast filed 1 Jul 2026EVP - Chief Technology Officer

Source: SEC insider filings (Forms 3, 4 and 5), FedEx Freight's Form 4 filings · All directors and officers

Companies that share people with FedEx Freight

Each person's title here, then at the other company.

  • Casey's CASY
    • Donald Frieson: Director here, Director there
  • FedEx FDXSame company before a spin-off
    • R. Brad Martin: Director here, Executive Chairman there
  • Labcorp LH
    • Jeffrey A. Davis: Director here, Director there
  • W. W. Grainger GWW
    • Cindy J. Miller: Director here, Director there

Source: SEC insider filings · See the whole network

FedEx Freight's market cap since June 2026

Weekly, up to 23 Oct 2026

Jul 2026AugSepOct$16.5B

Source: Yahoo Finance closing prices, SEC XBRL shares outstanding

Workforce

Headcount at 1 Jun 2026

Employees
40,000
Headquartered in Memphis, Tennessee, FedEx Freight is the largest North American less-than-truckload (“LTL”) freight carrier, with industry-leading transit times and service levels, offering choice, simplicity, and reliability to meet the needs of LTL shippers while operating ethically with a commitment to “Safety Above All.” As of June 1, 2026, we had approximately 40,000 employees, over 365 locations, including approximately 355 shipping terminals (over 320 of which are in the United States) and approximately 10 linehaul relay sites, and nearly 30,000 motorized vehicles, of which nearly 17,000 are tractors, across all 50 U.S.
FedEx Freight Form 10-K

Source: FedEx Freight Form 10-K

Not on file: no open-market insider buys or sales in the 12 months to 30 Sep 2026, no trades disclosed by members of Congress or officials since October 2023 and no WARN layoff notices under its own name since October 2023.