Longtime President to Leave FedEx Freight

The big buzz in the freight industry last month cameThe already established global FedEx brand, along
out of FedEx. Douglas G. Duncan, president and CEOwith the company's unmatched (at the time)
of FedEx Freight from its inception, will retire nextspending on technology and service enhancements,
February. The announcement took the industry byforced other LTL carriers to rethink their businesses.
surprise.(Consolidated Freightways folded in 2002, and Yellow
FedEx Freight was created in 2001 via the acquisitionCorp. acquired Roadway in 2003 to create what is
and merger of American Freightways and Vikingnow YRC Worldwide.)
Freight. Duncan had been the head at Viking, havingThe landscape of LTL freight hauling changed fairly
previously worked at several other freight companiesdramatically during Duncan's leadership at FedEx
including Roadway.Freight. Much of it is related to the direct effect of
Under Duncan's leadership, FedEx Freight became onethe Internet and web-based freight transportation
of the country's leading non-union less-than-truckloadmanagement services, but substantial credit should
(LTL) carriers. It is the second largest LTL operator inprobably also go to Duncan's work at FedEx. His
the country, after YRC Worldwide.tactical decisions and investment in technology quickly
Many in the trucking industry view it's creation as themade FedEx a huge player in the LTL game.
beginning of a major shift in LTL. The major unionizedWe are confident that FedEx under Douglas Duncan's
carriers at the time - Yellow, Roadway andsuccessor will continue to be an industry leader and a
Consolidated Freightways - began to lose someprovider of high quality, reliable service.
ground to non-union lines.