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FedEx Freight FY26 operating income drops 62% to USD 540 million; revenue falls 1% to USD 8.8 billion

PUBT·08/05/2026 21:19:43
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FedEx Freight FY26 operating income drops 62% to USD 540 million; revenue falls 1% to USD 8.8 billion
  • FedEx Freight posted fiscal 2026 net income of USD 655 million, down 51%, as revenue slipped 1% to USD 8.8 billion.
  • Operating income sank 62% to USD 540 million, pushing operating margin down 9.7 percentage points to 6.1%.
  • Average daily shipments fell 4% to 86,000, while revenue per shipment rose 4% to USD 386.63.
  • Results reflected lower demand, while operating income was hit by USD 492 million of Spin-Off-related separation and other costs.
  • Capital expenditures totaled USD 379 million, down 13%; remaining calendar 2026 spending is forecast at USD 320 million to USD 340 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FedEx Freight Holding Company Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-053359), on August 05, 2026, and is solely responsible for the information contained therein.