FedEx Freight Holding Company, Inc.

FedEx Freight is a North American provider of less-than-truckload freight transportation, specializing in consolidating and transporting shipments that do not require an entire trailer. Its core operations encompass two main services: FedEx Freight Priority, which handles time-sensitive deliveries, and FedEx Freight Economy, which accommodates cost-sensitive cargo with flexible transit schedules. The business also provides specialized offerings, including expedited solutions via FedEx Custom Critical, direct residential and commercial deliveries, volume capacity shipping, and digital management tools like LTL Select. The carrier serves roughly 108,000 active commercial customers across diverse industries and scales, including retail, healthcare, manufacturing, and e-commerce.

The company operates primarily across the United States, Canada, and Mexico, with additional delivery offerings extending to Puerto Rico and the U.S. Virgin Islands. Its regional logistics network incorporates more than 365 facilities, featuring approximately 355 shipping terminals and 10 linehaul relay sites with over 26,000 service center doors. This infrastructure is supported by nearly 30,000 motorized vehicles, including nearly 17,000 tractors, alongside approximately 40,000 employees. FedEx Freight maintains its corporate headquarters in Memphis, Tennessee.

Summary of the business section of FedEx Freight Holding's latest annual report, written by StockData.