Skip to content
Search AI Powered
Human content, AI powered search.

Latest Stories

FedEx Ground leader will retire in July after eight year stay

After transforming the division to handle e-commerce parcel boom, Maier hands reins to Smith, who is currently CEO of FedEx Freight.

fedex screen shot
DC Velocity Staff
By DC Velocity StaffJan 26, 2021
DC Velocity Staff
See Full Bio

FedEx Ground’s top executive will retire on July 31, with unit president and CEO Henry Maier stepping down after an eight year term, the company said today.

Maier will be replaced by John Smith, who is currently president and CEO of FedEx Freight and who will be replaced in that job by Lance Moll.

After first joining the company in 1986, Maier had recently led a transformation of the FedEx Ground division to handle growing volumes of e-commerce packages. By applying a focus on automation and speed as competitive advantages, he helped FedEx Ground to more than double its revenue, FedEx Corp. President and COO Raj Subramaniam said in a release.

His replacement, John Smith, will become president and CEO-elect of FedEx Ground on March 1 to begin the leadership transition as he begins his 21st year with the company. “At FedEx, we are fortunate to have a deep bench of leaders. With these two appointments, we are in a position to continue to grow both of these operating companies and create new value for our customers in the years to come,” Subramaniam said.

ArticleTruckingTransportation
fedex ground
ArticleTruckingTransportation
fedex ground

The Latest

port of oakland port improvement plans
Article

Port of Oakland to modernize wharves with $50 million grant

screen display of GPS fleet tracking
Article

Commercial fleets drawn to GPS fleet tracking, in-cab video

More Stories

legal scales and gavel

FMCSA rule would require greater broker transparency

A move by federal regulators to reinforce requirements for broker transparency in freight transactions is stirring debate among transportation groups, after the Federal Motor Carrier Safety Administration (FMCSA) published a “notice of proposed rulemaking” this week.

According to FMCSA, its draft rule would strive to make broker transparency more common, requiring greater sharing of the material information necessary for transportation industry parties to make informed business decisions and to support the efficient resolution of disputes.

Keep ReadingShow less

Featured

graphic of coverage areas for US DOT
Article

Trump nominates former Wisconsin Congressman Duffy for DOT

map of IMC drayage terminals in US
Article

Kuehne+Nagel acquires 51% of Tennessee drayage firm IMC

Mobile robots, drones move beyond the hype
Featured

Mobile robots, drones move beyond the hype

cma cgm container freight ship
Technology

CMA CGM crowns seven winners in startup awards

pickle robot unloading truck

Pickle Robot lands $50 million in VC for truck-unloading robots

The truck unloading automation provider Pickle Robot Co. today said it has raised $50 million in venture capital and will use the money to accelerate the development of new feature sets and build out the company’s commercial teams to unlock new markets and geographies.

The “series B” funding round was financed by an unnamed “strategic customer” as well as Teradyne Robotics Ventures, Toyota Ventures, Ranpak, Third Kind Venture Capital, One Madison Group, Hyperplane, Catapult Ventures, and others.

Keep ReadingShow less
chart of trucking conditions

FTR: Trucking sector outlook is bright for a two-year horizon

The trucking freight market is still on course to rebound from a two-year recession despite stumbling in September, according to the latest assessment by transportation industry analysis group FTR.

Bloomington, Indiana-based FTR said its Trucking Conditions Index declined in September to -2.47 from -1.39 in August as weakness in the principal freight dynamics – freight rates, utilization, and volume – offset lower fuel costs and slightly less unfavorable financing costs.

Keep ReadingShow less
chart of robot use in factories by country

Global robot density in factories has doubled in 7 years

Global robot density in factories has doubled in seven years, according to the “World Robotics 2024 report,” presented by the International Federation of Robotics (IFR).

Specifically, the new global average robot density has reached a record 162 units per 10,000 employees in 2023, which is more than double the mark of 74 units measured seven years ago.

Keep ReadingShow less
person using AI at a laptop

Gartner: GenAI set to impact procurement processes

Progress in generative AI (GenAI) is poised to impact business procurement processes through advancements in three areas—agentic reasoning, multimodality, and AI agents—according to Gartner Inc.

Those functions will redefine how procurement operates and significantly impact the agendas of chief procurement officers (CPOs). And 72% of procurement leaders are already prioritizing the integration of GenAI into their strategies, thus highlighting the recognition of its potential to drive significant improvements in efficiency and effectiveness, Gartner found in a survey conducted in July, 2024, with 258 global respondents.

Keep ReadingShow less
Copyright ©2024.