Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

William J. Logue has been appointed to succeed Douglas G. Duncan as President and Chief Executive Officer of FedEx Freight Corporation ("FedEx Freight"), a wholly owned subsidiary of FedEx Corporation, on March 1, 2010, following Mr. Duncan's previously announced retirement from the position. For a transitional period from December 1, 2009 through February 28, 2010, Mr. Logue will serve as President of FedEx Freight and Mr. Duncan will remain Chief Executive Officer of FedEx Freight.

Mr. Logue, age 52, currently serves as Executive Vice President and Chief Operating Officer - U.S. of Federal Express Corporation ("FedEx Express"), a wholly owned subsidiary of FedEx Corporation, a position he has held since March 2008. He has held the following other positions at FedEx Express:
Executive Vice President - U.S. Operations and System Support from September 2006 to March 2008; Senior Vice President - U.S. Operations from August 2004 to September 2006; Senior Vice President - Air-Ground and Freight Services from 1999 to August 2004; Vice President - National Hub Operations, Memphis Hub from 1995 to 1999; and various operations management positions from 1989 to 1995. Mr. Logue joined FedEx Express in 1989 as a result of the company's acquisition of The Flying Tiger Line Inc., where he held positions in sales and operations management.

There have been no transactions since the beginning of FedEx's last fiscal year, and there are no currently proposed transactions, in which FedEx was or is to be a participant and in which Mr. Logue or any member of his immediate family had or will have any interest, that are required to be reported under Item 404(a) of Regulation S-K. The appointment of Mr. Logue was not pursuant to any arrangement or understanding between him and any person, other than a director or executive officer of FedEx or of any of its subsidiaries acting in his or her official capacity. In his new position as an executive officer of FedEx (President and Chief Executive Officer of FedEx Freight), Mr. Logue will be compensated in accordance with previously disclosed compensation programs for FedEx's non-CEO executive officers.

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