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Timing to coincide with completion of the FedEx Freight spin-off Enterprise Vice President, Finance, Claude Russ to serve as Interim CFO while company conducts search

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Leadership presents strategy to drive sustainable, profitable growth as an independent, focused leader in the North American LTL industry FedEx Freight introduces a medium-term financial framework that prioritizes high-quality revenue, margin expansion, free cash flow generation, and disciplined capital management Separation remains on track for completion on June 1, 2026

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