It’s Official! Fedex Completes Watkins Acquisition
By Splatty • Sep 6th, 2006 • Category: Integrators
Fedex has just completed their $760 million dollar acquisition of the LTL operations of Watkins lines. Watkins will be re-branded as Fedex National LTL in the U.S. and Fedex Freight Canada north of the border.
FedEx National LTL and FedEx Freight Canada each operate as a separate network within the FedEx Freight segment, which also includes FedEx Freight, FedEx Custom Critical and Caribbean Transportation Services. More than 470 service centres comprise the FedEx Freight, FedEx National LTL, and FedEx Freight Canada networks, and the companies will operate nearly 54,000 tractors and trailers. source - eyefortransport.com
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