FEDEX PROMOTES J.A. MCKINNEY TO HEAD OF LOGISTICS DIVISION

FEDEX PROMOTES J.A. MCKINNEY TO HEAD OF LOGISTICS DIVISION

Federal Express Corp. has chosen James A. McKinney to be president of its third-party logistics operation, FedEx Logistics Services. The division, formed in 1988, was previously known as Business Logistics Services.

Mr. McKinney, who joined Federal Express in 1984, had been vice president, North America, in the logistics division. He will be responsible for the company's catalog and remail business.He replaces Robert P. May, who resigned in October to become chief executive of Intelligent Distribution Services of Exton, Pa.

Federal Express named Richard M. Metzler to replace Mr. McKinney as vice president and general manager, North America, in the logistics division. Mr. Metzler, who joined Federal Express in 1978, had been vice president of the catalog and remail services division services division, a unit formed last year, but which is now being merged with the logistics unit.

A Federal Express spokesman said the company does not release figures for its individual business units, but Kevin Murphy, a securities analyst with Morgan Stanley, said logistics has been an area of solid growth and above- average profit margins for the company.

"Logistics is the vanguard of air freight. It's where transportation and manufacturing meet," he said.