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FedEx Freight Holding Set to Join Dow Jones Transportation Average
FedEx Freight Holding will replace American Airlines in the price-weighted index as FedEx spins off its freight unit, with the divisor adjusted to prevent distortion.
- On Monday, June 1, 2026, FedEx Freight Holding Company Inc. will replace American Airlines Group Inc. in the Dow Jones Transportation Average effective prior to market open.
- The change follows FedEx Corp. spinning off FedEx Freight Holding Company in a transaction expected to complete June 1, with parent FedEx remaining in the index.
- Because the Dow Jones Transportation Average is a price-weighted index, American Airlines Group carries minimal weight of less than one-half of one percentage point.
- S&P Dow Jones Indices will adjust the divisor used to calculate index component prices prior to the market opening on June 1, 2026.
- Beginning on Friday, May 29, 2026, market participants can access the new divisor through end-of-day index level files via the S&P Dow Jones Indices FTP site.
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FedEx Freight Holding Set to Join Dow Jones Transportation Average
NEW YORK, May 27, 2026 /PRNewswire/ -- FedEx Freight Holding Company Inc. (NYSE:FDXF) will replace American Airlines Group Inc. (NASD:AAL) in the Dow Jones Transportation Average (DJTA) effective prior to the open of trading on Monday, June, 1, 2026. Dow…
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Total News Sources35
Leaning Left3Leaning Right2Center16Last UpdatedBias Distribution76% Center
Bias Distribution
- 76% of the sources are Center
76% Center
14%
C 76%
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