The Board of Directors of FedEx has approved a proposal to pursue a full separation of FedEx Freight through the capital markets, creating a new publicly traded company. The separation is expected to be achieved in a tax-efficient manner for FedEx stockholders and executed within the next 18 months.
Would this be a smart move, and help the company to revive its parcel delivery business? Regular co-hosts Marek Rozycki and Gary Winter offer their opinions.