FedEx Freight has deep relationships
Posted: Mon Dec 23, 2024 6:28 am
This move aims to unlock value for shareholders while allowing the two businesses to remain strategically aligned, Subramaniam said. Each company will be able to sharpen its focus and competitiveness, better executing its priorities while continuing to invest in growth and return capital to shareholders. Each company will benefit from enhanced focus and competitiveness, he added, allowing them to execute their strategic priorities and continue investing in profitable growth while returning capital to shareholders. We’re excited to create a leading LTL [less than truckload] pure-play, the largest carrier by revenue with the broadest network and the fastest transit times, Subramaniam said.
with customers who turn to us for polish phone number example our reliability, simplicity and choice of services. Freight has maintained its leading market share position for a long time and increased operating profit nearly 25% on average per year over the last five years. As a separate company, Freight will be better positioned to unlock its full value potential, Subramaniam added. Areas where we see the greatest opportunity include: first, an expanded dedicated LTL sales force led by Tom Connolly, our new VP of LTL Sales, who has nearly 30 years of experience, he said.
We’ve already begun to build out this team and we expect to add more than 300 LTL specialists by the time of separation. Second, an enhanced LTL-specific pricing and invoicing system that drives faster speed to market, more intuitive contracts and is more tailored to this market, he added. Third, improved Freight and FedEx network efficiencies focused on accelerating speed, improving coverage, optimizing touches and lowering our cost to serve. And four, an LTL-focused automation, which will drive efficiency and reduce outside vendor spend.
with customers who turn to us for polish phone number example our reliability, simplicity and choice of services. Freight has maintained its leading market share position for a long time and increased operating profit nearly 25% on average per year over the last five years. As a separate company, Freight will be better positioned to unlock its full value potential, Subramaniam added. Areas where we see the greatest opportunity include: first, an expanded dedicated LTL sales force led by Tom Connolly, our new VP of LTL Sales, who has nearly 30 years of experience, he said.
We’ve already begun to build out this team and we expect to add more than 300 LTL specialists by the time of separation. Second, an enhanced LTL-specific pricing and invoicing system that drives faster speed to market, more intuitive contracts and is more tailored to this market, he added. Third, improved Freight and FedEx network efficiencies focused on accelerating speed, improving coverage, optimizing touches and lowering our cost to serve. And four, an LTL-focused automation, which will drive efficiency and reduce outside vendor spend.