FedEx Freight President & CEO William J. Logue to Retire December 31 for Health Reasons
November 05 2014 - 8:30AM
Business Wire
Michael L. Ducker Named Successor
FedEx Corporation (NYSE:FDX) today announced that William J.
Logue will retire as President and CEO of its FedEx Freight
subsidiary on December 31, 2014. He has guided FedEx Freight since
2010 to a leading position in the U.S. Less-Than-Truckload (LTL)
market. He cited health concerns as the reason for his decision to
retire.
William J. Logue (Photo: Business
Wire)
Michael L. Ducker, a 40-year FedEx veteran, will succeed Logue
as President and CEO of FedEx Freight. Ducker will move into his
new role on January 1, 2015, from his current position as Chief
Operating Officer of FedEx Express. He has led the build out of the
FedEx Express global air-ground network, and the growth of its
international business.
“Bill Logue has led FedEx Freight to significant growth, success
and a leading position in the LTL industry,” said Frederick W.
Smith, Chairman and CEO of FedEx Corporation. “He navigated some of
the worst economic conditions the industry has ever seen and
delivered outstanding results while positioning FedEx Freight for
long-term success. He has established himself as an all-time great
leader during his 25 years at FedEx, and while we are sorry to see
Bill retire, he has our gratitude, support and best wishes.”
About FedEx Freight
With corporate offices in Memphis, Tenn., the FedEx Freight
Segment includes FedEx Freight, a leading U.S. provider of LTL
freight services; FedEx Freight Canada, an LTL operating company
serving most points in Canada; and FedEx Custom Critical, North
America's largest time-specific, critical shipment carrier. FedEx
Freight also serves Mexico, Puerto Rico and the U.S. Virgin
Islands. For more information, visit fedex.com.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses
worldwide with a broad portfolio of transportation, e-commerce and
business services. With annual revenues of $46 billion, the company
offers integrated business applications through operating companies
competing collectively and managed collaboratively, under the
respected FedEx brand. Consistently ranked among the world's most
admired and trusted employers, FedEx inspires its more than 300,000
team members to remain "absolutely, positively" focused on safety,
the highest ethical and professional standards and the needs of
their customers and communities. For more information, visit
news.fedex.com.
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FedEx FreightMedia Relations:Michele Ehrhart, 901-434-3122
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