FedEx Freight Continues Strategic Expansion
July 19, 2005
MEMPHIS, Tenn.—July 19, 2005—FedEx Freight, a leading less-than-truckload (LTL) carrier and a subsidiary of FedEx Corp. (NYSE: FDX), today announced the opening of five new service centers as part of its strategic expansion throughout the United States.
"FedEx Freight is dedicated to improving the customer experience. From innovations in technology to industry-leading service and reliability, FedEx Freight continues to raise the bar in the LTL marketplace," said Douglas G. Duncan, president and CEO of FedEx Freight. "This expansion continues that commitment by ensuring that our customers will have even greater access to the speed, precision and certainty FedEx Freight provides to help businesses operating fast-cycle logistics."
Enhancing its coverage in the Northeast, FedEx Freight has opened a new 22,000-sq. ft. service center in New Haven, Conn., that replaces an 18,000-sq. ft. facility. Equipped with 49 doors – 19 more than the previous facility – the new center is located on four acres near Interstate 95. The center provides service to the southern region of Connecticut and parts of New York and Rhode Island.
In Avon, Mass., a 32-door center on three acres replaces a 20-door facility. The new center has nearly 16,000 square feet of office, dock and shop space, making it almost 30 percent larger than the former Avon facility. The center, situated near State Route 24, brings the FedEx Freight promise of excellence to customers in Boston, the surrounding metropolitan area and other locations throughout Massachusetts.
In Michigan, a new 16,000-sq. ft. service center has opened in Grand Rapids. The new center, positioned on a 4.8-acre site near Interstate 96, is equipped with 48 doors, 12 more than the previous facility. The center’s service area covers the Grand Rapids metropolitan area, Lakeshore and western Michigan.
A newly constructed 36-door service center on six acres near Staunton, Va., has replaced a 10-door center. With more than 17,000 square feet of dock and office space, the new facility is nearly three times larger than the previous center. The center is strategically located near the intersection of Interstates 64 and 81 to help employees better serve the Charlottesville and Harrisonburg areas, and the eastern portion of West Virginia.
A new 17-door Wilmington, N.C., center replaces a 10-door center in Leland. Located on a five-acre parcel close to Interstate 40, the facility has 6,000 square feet of office and dock space. The center provides FedEx Freight services to the Wilmington metropolitan area and the southeastern portion of North Carolina.
The announcement of these new centers follows recent openings and expansions this year, including the addition of a new center in Gardena, Calif.; expanded facilities in Youngstown, Ohio, Pocono Summit, Pa., and Babylon, N.Y.; and new company facilities in Des Plaines, Ill., Salem, Ore., Texarkana, Ark., and Springfield, Mass. In addition, groundbreaking ceremonies are planned this summer for FedEx Freight facilities in Sacramento, Newark and Atlanta.
About FedEx Freight
Within FedEx Corp., the FedEx Freight Segment had annual revenues of $3.2 billion in fiscal year 2005. The Segment includes FedEx Freight, a leading U.S. provider of regional next-day and second-day and interregional LTL freight services. With corporate offices in Memphis, Tenn., FedEx Freight is known for exceptional service, reliability and on-time performance. Through a comprehensive network of service centers and advanced information systems, FedEx Freight provides service to virtually all U.S. ZIP codes, including Alaska and Hawaii. The carrier’s regional and interregional LTL service is supported by a no-fee money-back guarantee on all eligible continental U.S. shipments. Internationally, the company serves Canada, Mexico, Puerto Rico, Central and South America, the Caribbean, Europe and Asia. FedEx Freight maintains more than 330 service centers throughout North America. The FedEx Freight Segment also includes FedEx Custom Critical, North America’s largest time-specific, critical shipment carrier; and Caribbean Transportation Services, the leading provider of airfreight forwarding services between the United States and Puerto Rico. For more information, visit the FedEx web site, fedex.com.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $29 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 250,000 employees and contractors to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit fedex.com.