Conf call redux: Turning Schenker into DSV
Managing expectations
FedEx is trying to get a firmer grip on the growing volume of bulky goods, such as exercise equipment and home improvement items, shoppers are buying online and having delivered to their homes.
Final-mile deliveries of bulky goods through its FedEx Direct service (operated by its FedEx Freight arm) have expanded from 80% of the US market to 90%, and to support this, the integrator is building five large package facilities and expanding three others.
Historically, FedEx and UPS have gone to ...
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