Logue to retire as head of FedEx Freight at year's end

William J. Logue, president and CEO of FedEx Freight, the less-than-truckload (LTL) unit of FedEx Corp., will retire on Dec. 31 due to health concerns, the company said.

Logue will be succeeded by Michael L. Ducker, currently the chief operating officer of FedEx Express, FedEx's air and international unit.

Logue became head of FedEx Freight in 2010. He has been with Memphis-based FedEx for 25 years.

"Bill Logue has led FedEx Freight to significant growth, success, and a leading position in the LTL industry," said Frederick W. Smith, FedEx's chairman and CEO, in a statement. "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."