LTL Carrier Profile: FedEx Freight
FedEx Freight is the largest less than truckload (LTL) carrier with approximately $5.3B in sales (estimated 2012). FedEx Freight has a market share of 14.9%. FedEx Freight’s revenue includes FedEx Custom Critical.
FedEx Corporation is based in Memphis TN and has $42.7B in revenues in 2012. FedEx Freight is one of 7 operating units owned by FedEx Corporation. The other operating units are: FedEx Express, FedEx Ground, FedEx Office, FedEx SupplyChain, FedEx Custom Critical, and FedEx Trade Networks.
LTL Carrier Profile: FedEx Freight History
FedEx Freight was established in 2001, when FedEx Corporation acquired and merged the assets of American Freightways, Viking Freight and Watkins Motor Lines.
LTL Carrier Profile: FedEx Equipment & People
FedEx Freight employs over 34,000 people and owns approximately 14,500 trucks. They also have over 65.200 tractors, trailers and forklifts. FedEx Freight has over 360 service centers.
FedEx has a daily average of over 81,000 shipments. FedEx Freight’s average shipment weight is 1,150 pounds.
Fedex Freight Service Area
FedEx Freight has service to virtually every U.S. ZIP code (including Alaska and Hawaii). FedEx Freight also serves Canada, Mexico, Puerto Rico and the U.S. Virgin Islands.
FedEx Custom Critical
FedEx Custom Critical moves priority shipments and expediting. FedEx Custom Critical focuses on urgent, valuable, or hazardous shipments using trucks and chartered aircraft. FedEx Custom Critical utilizes independent drivers who own their vehicles.