FedEx president and CEO Michael Ducker to retire in August

FedEx Freight president and chief executive Michael Ducker has announced he will be retiring on 15 August, bringing to an end a 40-year career with the express operator, the last four in the top job.

Joining FedEx Express in 1975, he was stationed at the company’s Memphis hub before taking up postings across the US.

At the turn of the 1990s, he accepted his first international post, taking up the role of vice president for southern Europe, based in the Milan office. Shortly thereafter ...