FedEx’s freight unit president and CEO to retire (Newsday)

NEW YORK (AP) — FedEx Corp., the world’s second largest package delivery company, said Tuesday the president and CEO of its freight unit will retire. The company said Tuesday in a filing with the Securities and Exchange Commission that Douglas G. Duncan, 58, will step down on Feb. 28. FedEx not yet named a replacement. Duncan was the first chief executive of the FedEx Freight unit. He has been …

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