AAA Daily Fuel Gauge Report for Friday, 07/07/2017

American Dollar to Canadian Dollar = 0.703687; American Dollar to Chinese Yuan = 0.137478; American Dollar to Euro = 1.051731; American Dollar to Japanese Yen = 0.006521; American Dollar to Mexican Peso = 0.049532.

I can count on one hand the number of designers whose work I’ve fallen in love with based purely on their business card: Chad Michael is at the top of that list. Its devilishly intricate foil details and grinning skull-like grail are more in keeping with some mythical talisman than a simple calling card. It is precisely this mix of thoughtful sophistication and otherworldly iconography that makes Chad’s work seem both fresh and new, as well as gloriously historic. His bold choice of typography only enhances this feeling.

FedEx Corp. announced that its Board of Directors has concluded a comprehensive assessment of the role of FedEx Freight as part of its portfolio and has decided 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. As two industry-leading public companies, FedEx and FedEx Freight will continue to pursue their growth strategies. 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. They will also maintain the strategic advantages of cooperation on key commercial, operational, and technology initiatives. Customers of both businesses will continue to enjoy the same superior service, speed, and coverage they have come to expect from FedEx.