Memphis, Tenn.--FedEx Freight Corp., the $2 billion subsidiary of FedEx Corp., Monday named new presidents of its operating companies. Patrick Reed, corporate VP-COO for FedEx Freight East, was named its president-CEO. He succeeds Thomas Garrison, who is retiring. Keith Lovetro, who was senior VP for FedEx Freight West, was named president-CEO. He replaces Tilton Gore, who is retiring.