FedEx Freight Holding to Join S&P 500 Following Spin-Off Completion

S&P Dow Jones Indices announced on May 28, 2026 that FedEx Freight Holding will be added to the S&P 500 index, marking the newly independent less-than-truckload giant’s debut in the benchmark. The addition follows the completion of the company’s spin-off from FedEx Corp., a strategic separation designed to unlock shareholder value. The index change will be effective prior to the open of trading on a date to be determined. FedEx Freight Holding, now a standalone publicly traded entity, will replace a current constituent to be named later. The company operates one of the largest LTL networks in North America and brings significant surface transportation exposure to the broad-market gauge. FedEx Corp. shareholders received shares of the new company as part of the distribution, which was initially outlined in 2025.