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Old Dominion Freight Line Inc. said its board has approved repurchase of as much as $250 million in stock over a two-year period.
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YRC Worldwide Inc. announced Justin Hall is joining the carrier on June 1 in the newly created position of chief customer officer from Logistics Planning Services, where he was president and visionary.
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In one fell swoop, FedEx ballooned to nearly 400,000 employees worldwide and close to $58 billion in annual revenues. The jewel of FedEx's acquisition of TNT Express last week is a European road network linking 40 countries, but the heart of FedEx remains in Memphis, Tennessee.
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Forward Air Corp. announced that Chief Financial Officer Rodney Bell will retire on June 27 and that Michael Morris, an XPO Logistics executive, will replace Bell in the post.
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