FedEx Corp. has announced that William J. Logue will retire as president & CEO of its FedEx Freight subsidiary on December 31, 2014. The company said that Logue “has guided FedEx Freight since 2010 to a leading position in the U.S. LTL market” and that Logue cited health concerns as the reason for his decision to retire.
Michael L. Ducker, a 40-year FedEx veteran and currently COO of FedEx Express, will succeed Logue as president & CEO of FedEx Freight, effective January 1st.
“Bill Logue has led FedEx Freight to significant growth, success and a leading position in the LTL industry,” said Frederick W. Smith, chairman & CEO of FedEx Corp.
“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,” Smith continued. “And while we are sorry to see Bill retire, he has our gratitude, support and best wishes.”
FedEx Freight is a U.S. provider of LTL freight services while FedEx Freight Canada is an LTL operating company that serves most points in Canada. FedEx Freight also serves Mexico, Puerto Rico and the U.S. Virgin Islands.