FedEx chooses insider to lead Freight spinoff
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, a trucking-industry veteran and a FedEx Corp. insider considered one of the company’s best operators, will lead the company’s FedEx Freight spinoff.
Smith is currently COO of FedEx’s ground operations in the U.S. and Canada.
The company also recently announced Memphian R. Brad Martin will serve as chairman of the FedEx Freight board of directors. Both positions will be effective when the spinoff of FedEx Freight is complete, likely in June 2026.
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Jane Roberts
Jane Roberts has reported in Memphis for more than 20 years. As a senior member of The Daily Memphian staff, she was assigned to the medical beat during the COVID-19 pandemic. She also has done in-depth work on other medical issues facing our community, including shortages of specialists in local hospitals. She covered K-12 education here for years and later the region’s transportation sector, including Memphis International Airport and FedEx Corp.
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