Overview

• FedEx Freight's spinoff from FedEx Corp. remains on track for June 2026, with key leadership appointments announced this week.
• John Smith, a FedEx veteran with over 25 years of experience, will serve as CEO and president of the standalone company upon separation.
• R. Brad Martin, currently vice chairman of the FedEx Corp. board, will take on the role of chairman for the newly independent FedEx Freight.
• Tom Connolly, vice president of LTL sales, is leading efforts to expand the sales force from 75 to 300 specialists ahead of the spinoff.
• FedEx Freight aims to solidify its position as the largest U.S. less-than-truckload carrier by revenue, focusing on operational efficiency and market share growth.