John A. Smith will be FedEx Freight’s new president and CEO come August. Smith, currently senior vice president of operations at FedEx Freight, will succeed Michael L. Ducker, whose pending retirement was announced recently.
Fedex Freight president and chief executive officer Michael L. Ducker will retire effective Aug. 15, 2018, concluding a decades-long career with the company.
Parcel and trucking giant FedEx posted a big gain in profits during its most recent quarter, while Daseke, the owner of several flatbed and specialized carriers, moved from a loss to a profit in both the final quarter of 2017 and for all of last year.
Trucking and parcel delivery company FedEx Corp. released on Tuesday its fiscal second quarter numbers showing significant hikes in both earnings and revenue.
FedEx earnings during its fiscal 2018 first quarter fell 17% from a year ago as a result of a cyberattack and Hurricane Harvey, despite a slight improvement in revenue.
Parcel delivery and trucking company FedEx Corp. on Tuesday reported it turned its finances around dramatically in the most recent quarter as it also wrapped up its fiscal year.
FedEx Corp. on Tuesday reported increased net earnings in its most recent quarter, but it missed Wall Street expectations.
Parcel delivery and trucking company FedEx Corp. this week reported a net profit of $700 million for its fiscal second quarter, missing Wall Street expectations.
Eric Vos, Mark McLean and Steven Weaver share top accolades at the conclusion of the event that included hundreds of technicians from around the USA.
Earnings for trucking and package delivery company FedEx Corp. moved up modestly to $715 million, or $2.65 per share, in its fiscal quarter ending Aug 31 that included the cost of integrating another carrier.