Conference Call Participants

Stephanie Benjamin Moore – Jefferies LLC, Research Division
Brian Ossenbeck – JPMorgan Chase & Co, Research Division
Richa Talwar – Deutsche Bank AG, Research Division
Scott Group – Wolfe Research, LLC
Jonathan Chappell – Evercore ISI Institutional Equities, Research Division
Matthew Milask – Stifel, Nicolaus & Company, Incorporated, Research Division
Eric Morgan – Barclays Bank PLC, Research Division
Christian Wetherbee – Wells Fargo Securities, LLC, Research Division
Ravi Shanker – Morgan Stanley, Research Division
Thomas Wadewitz – UBS Investment Bank, Research Division
Jordan Alliger – Goldman Sachs Group, Inc., Research Division
Harrison Bauer – Susquehanna Financial Group, LLLP, Research Division
Ken Hoexter – BofA Securities, Research Division
Ariel Rosa – Citigroup Inc., Research Division

Presentation

Operator

Good day, and welcome to the FedEx Freight Fourth Quarter Fiscal 2026 Conference Call. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Marianna Rose, Head of Investor Relations. Please go ahead.

Marianna Rose
Managing Director of Investor Relations

Good afternoon, and welcome to FedEx Freight’s Fourth Quarter Earnings Conference Call. The fourth quarter earnings release and investor presentation are on our website at ir.fedexfreight.com, and this call is also being streamed from our website.

Joining us today are John Smith, President and Chief Executive Officer of FedEx Freight; and Marshall Witt, our Executive Vice President and Chief Financial Officer. Following prepared remarks, John and Marshall will both be available to answer questions. [Operator Instructions]

During the call, certain statements may be considered forward-looking as defined in the Private Securities Litigation Reform Act of 1995 and are subject to factors that could cause actual results

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