Fred Smith gets new heir apparent after shock exit of FedEx COO

FedEx Corp. named a new No. 2 executive after company founder Fred Smith’s top deputy resigned abruptly, just weeks after joining the company’s board of directors. Raj Subramaniam will take over as president and chief operating officer (COO) March 1, replacing David Bronczek, FedEx said in a statement Thursday. Bronczek, 64, made a “personal decision’’ […]
  • Bloomberg News
  • February 14, 2019

FedEx’s David Cunningham to retire, be replaced by Raj Subramaniam

Today, FedEx Express, the air carrier subsidiary of FedEx Corp., said its president and CEO, David Cunningham (pictured at right), will retire from the company after 36 years of service. He will finish the year in his current role and, on Dec. 31, 2018, will be replaced by Raj Subramaniam, executive vice president, chief marketing […]
  • Nina Chamlou
  • December 7, 2018

FedEx SME Trade Index finds widespread concerns about U.S. protectionism

76 percent of small business leaders told FedEx that “increasing trade between the U.S. and other countries will improve the U.S. economy,” according to the third FedEx SME Trade Index, released today. The results echo an increasingly vocal majority in the U.S. logistics sector that is calling for the Trump administration to abandon its protectionist […]
  • Lewis King
  • February 20, 2018