FedEx: it sucks out there, forget inventory build-up
One positive: LTL spin-off…
FedEx is chasing bulky cargo for residential deliveries.
The integrator has started trials of full-service home deliveries of items like washing machines, exercise bikes and sectional sofas in six areas in the US through FedEx Freight, the company’s LTL arm.
Increasingly consumers are ordering things like exercise equipment and household appliances online and extend their expectations for small parcel deliveries to this segment, requiring fast transit times and flexible scheduling options, noted Cathy Morrow Roberson, founder and head analyst of Logistics Trends ...
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