FedEx Freight | Today’s announcement April 5

[LarWoo]

There's zero chance of putting any package freight on rail. Transit time obligations would simply be impossible to meet.

Ups does it every day

 

[Aladdin Sane]

FedEx Freight will continue to provide less-than-truckload freight transportation services as a stand-alone company under Federal Express Corporation.

DO YOU BELIEVE THIS STATEMENT? WHY ARE WE SEPERATE? SELL MAYBE?

I would imagine that FXF is gonna find itself for sale at some point in the future.

 

[SwampRatt]

There's zero chance of putting any package freight on rail. Transit time obligations would simply be impossible to meet.

Let's not forget... Economy FREIGHT consistently brings in more revenue per ship. Many customers will sacrifice speed for price, even just a dime or 2. THAT is the golden goose discovered from the whole priority/economy model. Again, MANY (not all) customers default to economy. Same is likely to apply to packages.

 

[SwampRatt]

The new FAMILY TREE:

 

[SwampRatt]

"Raj Subramaniam will serve as president and CEO of the combined organization [FedEx Corporation]."

"Effective April 16, 2023, John A. Smith will become president and CEO of U.S. and Canada ground operations at FedEx Express [Federal Express Corporation] and assume leadership of surface operations across the FedEx Express, FedEx Ground, and FedEx Freight businesses. Richard W. Smith will serve as president and CEO of airline and international at FedEx Express, overseeing all other regions and FedEx Logistics."


Link to story at FleetOwner:

FedEx to consolidate operating companies

FedEx Express, Ground, Services, and other companies will be consolidated into Federal Express Corporation. The company is undergoing a major restructuring that it projects will...

www.fleetowner.com

 

[Streaker69]

"Raj Subramaniam will serve as president and CEO of the combined organization [FedEx Corporation]."

"Effective April 16, 2023, John A. Smith will become president and CEO of U.S. and Canada ground operations at FedEx Express [Federal Express Corporation] and assume leadership of surface operations across the FedEx Express, FedEx Ground, and FedEx Freight businesses. Richard W. Smith will serve as president and CEO of airline and international at FedEx Express, overseeing all other regions and FedEx Logistics."

FedEx to consolidate operating companies

FedEx Express, Ground, Services, and other companies will be consolidated into Federal Express Corporation. The company is undergoing a major restructuring that it projects will...

www.fleetowner.com

And now we know why he went to ground.

 

[No F-bdy Bs]

Ups does it every day

Let's not forget... Economy FREIGHT consistently brings in more revenue per ship. Many customers will sacrifice speed for price, even just a dime or 2. THAT is the golden goose discovered from the whole priority/economy model. Again, MANY (not all) customers default to economy. Same is likely to apply to packages.

I made that statement too narrow. I meant any priority packages. It was too late to crawfish on it after 3 people responded.

But anyhow

 

[No F-bdy Bs]

Freight being as far down as. Dataworks, CC and Office is not reassurance.

 

[SwampRatt]

Freight being as far down as. Dataworks, CC and Office is not reassurance.

True that. Personally I doubt any intention to sell (too valuable an asset strategically), but that certainly lends credibility to the theory.

 

[DOTFXF]

The new FAMILY TREE:

 

[Streaker69]

 

[nasvegas]

True that. Personally I doubt any intention to sell (too valuable an asset strategically), but that certainly lends credibility to the theory.

$$$$$$$$$$$$$$