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				FedEx merges separate LTL networks
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					Posted: 
					
						Sep 17, 2010 11:54 AM
					
					|
					Last Updated: May 31, 2012 02:52 PM
				
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				<p>MEMPHIS, Tenn. -- <a target="_blank" href="http://fedex.com/us/freight/main/"><span style="color: rgb(51, 102, 255); ">FedEx Freight </span></a>and FedEx National LTL will be integrated into one operation, effective Jan. 30, 2011,</p>
<p>FedEx says the rebranding move will increase efficiencies, reduce operational costs, and it also gives customers a choice of priority or economy LTL across all lengths of haul from.</p>
<p>FedEx has operated two different LTL networks since it acquired Watkins Motor Lines, now FedEx National LTL, in 2006. In Canada, Watkins Canada Express <a target="_blank" href="http://www.todaystrucking.com/news.cfm?intDocID=17425"><span style="color: rgb(51, 102, 255); ">turned into FedEx Freight Canada</span></a>.&nbsp;</p>
<p><br />
LTL average daily shipments increased 29 percent and yield declined 3 percent year over year primarily due to the effects of discounted pricing in contracts signed in fiscal 2010, the company reports.</p>
<p>However, yields increased 4 percent from the fourth quarter as a result of the company's recent yield management initiatives to improve pricing.</p>
			
				
				
			
				
				
			
			
			
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