FedEx plans to spin off trucking division
The separation is expected to be completed within 18 months, according to FedEx. (The Daily Memphian file)
The company expects the transaction, which will produce two publicly traded companies, will be executed in 18 months.
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FedEx sees some gains in face of stubborn economy, other headwinds
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FedEx FedEx Freight BusinessJane Roberts
Jane Roberts has reported in Memphis for more than 20 years. As a senior member of The Daily Memphian staff, she was assigned to the medical beat during the COVID-19 pandemic. She also has done in-depth work on other medical issues facing our community, including shortages of specialists in local hospitals. She covered K-12 education here for years and later the region’s transportation sector, including Memphis International Airport and FedEx Corp.
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