FedEx Corp. Names Logue New President for FedEx Freight
Business Wire- 11/3/2009 8:30:00 AM EST
FedEx Corp. Names Logue New President for FedEx Freight
( BW)(TN-FEDEX)(FDX.NYSE) FedEx Corp. Names Logue New President for FedEx Freight
FedEx Corp. (NYSE: FDX) today announced the appointment of William J.
Logue as president of FedEx Freight Corp., a subsidiary of FedEx Corp.
and leading provider of regional and long-haul less-than-truckload (LTL)
services in North America.
Logue will succeed Douglas G. Duncan, president and chief executive
officer of FedEx Freight Corp., who is retiring effective Feb. 28, 2010.
To facilitate a smooth transition, Logue will serve as president of
FedEx Freight beginning December 1, 2009, and will assume the CEO role
upon Duncan's retirement. A seasoned leader, Logue joined FedEx Express
in 1989 through the Flying Tiger acquisition. In his current role at
FedEx Express, Logue serves as executive vice president, chief operating
officer, FedEx Express-United States, where he is responsible for FedEx
Express Air Operations, Air Ground and Freight Services, Central Support
Services and Domestic Ground Operations Divisions.
In his new position, Logue will be responsible for the leadership and
strategic direction of the FedEx Freight Segment, which includes FedEx
Freight, FedEx National LTL and FedEx Custom Critical.
"Bill's demonstrated ability to lead complex organizations and his
in-depth transport operations experience make him an excellent choice as
the new president and CEO of the FedEx Freight Segment," said Frederick
W. Smith, chairman, president and chief executive officer of FedEx Corp.
"I want to recognize Doug Duncan for his many contributions in helping
FedEx build our excellent LTL services. These capabilities have
strengthened the FedEx portfolio and I am confident that Bill's
leadership will further enhance our performance in this key market."
About FedEx Freight
Within FedEx Corp., the FedEx Freight Segment had annual revenues of
$4.4 billion in fiscal year 2009. With corporate offices in Memphis,
Tenn., the Segment includes FedEx Freight, a leading U.S. provider of
regional LTL freight services; FedEx National LTL, a leading U.S.
provider of long-haul LTL 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. For more information, visit the FedEx web site, www.fedex.com.
About FedEx
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with
a broad portfolio of transportation, e-commerce and business services.
With annual revenues of $34 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 275,000 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.
CONTACT:
FedEx Freight Debra Phillips, 901.434.3122 debra.phillips@fedex.com
KEYWORDS: United States North America Tennessee
INDUSTRY KEYWORDS: Transport Air Trucking
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