FEDEX FREIGHT TO OFFER REGIONAL LTL COVERAGE
Federal Express has formed a new subsidiary to manage the company’s regional less-than-truckload business, following the completion of its acquisition of American Freightways.
FedEx Freight, a $1.9-billion operation, will combine the LTL services of American Freightways, based in Harrison, Ark., with FedEx’s other trucking subsidiary, San Jose, Calif.-based Viking Freight.
Both companies will continue to provide next-day and second-day regional freight delivery. Their sales forces will be trained to “cross-sell” each other’s services, FedEx said.
American Freightways and Viking provide direct service to most U.S. ZIP codes, including Alaska, Hawaii and Puerto Rico. The companies also provide service to Canada, Latin America and the Caribbean.