MEMPHIS, Tenn. (WREG) — FedEx announced Monday it will close 29 FedEx Freight locations and consolidate its operations into other locations. The changes will go into effect on August 13 this year.

Two FedEx Corp. officials have been tapped for leadership roles at FedEx Freight, which is being separated into its own publicly traded company.

FedEx Corp. has announced plans to separate FedEx Freight into its own publicly traded company. The separation will be completed within the next 18 months and will "allow for more customized ...