As late as December, FedEx Freight had increased operating profit an average of 25% a year for five years, expanding operating margin by about 1,100 basis points, FedEx president and CEO Raj Subramaniam said. (AP file)

John A. Smith is considered one of FedEx’s best operators. One analyst said, “What do you do? Put in a jockey that’s never won the derby on a horse, or do you put in a jockey that won a dozen derbies?” Read the full story Trending Now Transportation & Logistics FedEx board member tapped to be next postmaster general Germantown Next GPAC director must understand 'the Germantown way' Transportation & Logistics FedEx renews ties with Amazon after six-year split City of Memphis Architect tapped for $550 million FedExForum renovations City of Memphis City looks for money for AutoZone Park renovations North Mississippi Grisanti touch comes to Marshall Steakhouse South Memphis Southwest Twin Drive-In redevelopment breaks ground North Memphis With new library, 'Frayser’s got it going on' Food News Food Files: Bahama Breeze closes, Second Line goes Hawaiian .....