Profit-focused FedEx Freight abruptly dumps ‘less-lucrative’ LTL clients

Executives and logistics planners at some 1,400 US firms had their weekend wrecked, courtesy of FedEx Freight.
On Friday, the company notified customers it would no longer pick up their shipments, starting Monday.
The integrator’s trucking arm said the sudden measure constituted “customer-specific actions to control capacity and avoid backlogs in the most capacity-constrained freight service centres”.
Less-than-truckload (LTL) providers like FedEx Freight have been enjoying rampant demand. CASS Information Systems, which publishes …

The post Profit-focused FedEx Freight abruptly dumps ‘less-lucrative’ LTL clients appeared first on The Loadstar.

Source: The Loadstar

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