FedEx Corp Reports Fiscal Year End Change, Segment Realignment, and Freight Spin-Off
FedEx Corporation changed its fiscal year end to December 31 and completed the spin-off of FedEx Freight into a publicly traded company on June 1, 2026. The company also realigned its internal reporting into Express U.S. Domestic and Express International segments and sold its FedEx Supply Chain business for $1.4 billion on October 1, 2026. Supplemental historical financial information has been provided to reflect these structural changes.
Key points
- Changed fiscal year end from May 31 to December 31, effective June 1, 2026.
- Completed spin-off of FedEx Freight on June 1, 2026, presenting it as discontinued operations.
- Completed the sale of FedEx Supply Chain to CMA CGM Group for $1.4 billion on October 1, 2026.
- Realigned reportable segments into Express U.S. Domestic and Express International.
The filing
Written by AI (Google Gemini, gemini-3.5-flash-lite) on Oct 29, 2026, 3:00 AM ET, from the text of the filing and its press-release exhibits only.
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