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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 Narrows Loss, Werner Lowers Expectations

FedEx Corp. cut much, but not all, of its second quarter losses compared to a year earlier, while a preview of Werner Enterprises Inc. second quarter earnings sent heartburn throughout trucking and Wall Street amid concerns about second quarter trucking profits.

FedEx Profit Leaps More Than 50%

FedEx Corp. on Wednesday reported a 4% increase in revenue while profit jumped more than 50% in its most recent fiscal quarter.