MEMPHIS, Tenn. (WMC) – FedEx is making progress toward its split of FedEx Freight.
FedEx Freight has publicly filed its Form 10 registration ahead of its split from FedEx as an independent, publicly-traded company.
FedEx says the separation will, “allow for more customized operational execution along with more tailored investment and capital allocation strategies to serve the unique and evolving needs of both the global parcel and LTL markets.”…