FedEx Freight Holding Company, Inc. (FDXF), with a market capitalization of approximately $16.9 billion, is a North American less-than-truckload (LTL) freight carrier. Based in Memphis, Tennessee, the company was spun off from FedEx in 2026 and provides Priority, Economy, Direct and expedited freight services across the U.S., Canada, Mexico and other territories.
Companies valued between $10 billion and $200 billion are generally classified as “large-cap stocks,” and FedEx Freight Holding fits this description, with its market capitalization reflecting its substantial size and established position within the industrials sector. FedEx Freight Holding combines the scale of North America’s largest LTL freight carrier with a broad service network covering 98% of U.S. ZIP codes. Its dual Priority and Economy offerings serve different shipping needs, while real-time tracking, route optimization and data analytics add technology-driven efficiency and customer visibility.
