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FedEx Freight, a subsidiary of FedEx Corp. (NYSE: FDX), aleading provider of less-than-truckload (LTL) services, announcedtoday the expansion of FedEx Freight Direct to more than 80 percentof the contiguous U.S. population following a pilot in selectmarkets earlier this year. The new e-commerce solution offersdelivery of bulky items such as furniture, TVs and exerciseequipment by FedEx Freight team members into residences andbusinesses.
FedEx Freight Direct is the first standardized FedEx serviceto make deliveries through the door and into homes and will enhancedelivery into businesses with new options. The service incorporatestechnology to increase shipment visibility, give consumers enhanceddelivery choices, and offer exceptional convenience.
E-Commerce Growth in LTL Industry
The growth of e-commerce is rapidly changing customerexpectations, creating new opportunities in the less-than-truckload(LTL) market. This includes an increase of inbound freight todistribution centers as e-commerce companies build more centerscloser to their end customers, as well as deliveries of bulky itemsto customers who purchase larger items online and expect deliveryinside their homes or places of business.
“Today’s consumers are just as comfortable purchasing atelevision or sofa online as they are groceries or books,” saidBrie Carere, FedEx executive vice president and chief marketing andcommunications officer. “We’re seeing more oversized items movethrough our global network. FedEx Freight Direct is critical toaddressing these challenges as part of our growing e-commerceportfolio.”