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FedEx Freight

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.

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Earnings Watch: FedEx Surges, Daseke Rebounds

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.