FedEx Corp. has completed its $780-million cash purchase of the LTL operations of Lakeland, FL-based Watkins Motor Lines and certain affiliates.
FedEx Corp. has completed its $780-million cash purchase of the LTL operations of Lakeland, FL-based Watkins Motor Lines and certain affiliates. Annual revenue for the longhaul carrier is pegged at more than $1-billion.
Watkins Motor Lines and Watkins Canada Express, which together include more than 140 service centers and over 14,000 tractors and trailers, will be re-branded FedEx National LTL and FedEx Freight Canada, respectively. They will operate as separate networks within the FedEx Freight segment.
Voice your opinion!
To join the conversation, and become an exclusive member of FleetOwner, create an account today!
This free guide outlines simple steps for hiring and onboarding commercial drivers while ensuring that you meet Regulation Part 391 and maintain fully compliant driver qualification...
Ready to boost fleet efficiency by up to 50%? Learn how AI-powered dispatch and next-gen tech are transforming TMS workflows, improving driver planning, and streamlining operations...
Gain a strategic edge in today’s evolving fleet landscape. Join us to explore how fuel cards are helping fleet managers cut costs, enhance control, and prepare for an electrified...
