FedEx Freight CEO William Logue to Retire
FedEx Corporation has announced that William Logue will retire as President and CEO of its FedEx Freight subsidiary on 31 December 2014.
He has guided FedEx Freight since 2010 to a leading position in the US Less-Than-Truckload (LTL) market. He cited health concerns as the reason for his decision to retire.
Michael Ducker, a 40-year FedEx veteran, will succeed Logue as President and CEO of FedEx Freight. Ducker will move into his new role on 1 January 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.
Frederick W Smith, Chairman and CEO of FedEx, said: “Bill Logue has led FedEx Freight to significant growth, success and a leading position in the LTL industry. 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.”
With corporate offices in Memphis, the FedEx Freight Segment includes FedEx Freight, a leading US 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 news.fedex.com.