FedEx Scales Down Fleet Amid Slowdown

FedEx Freight is set to close 29 locations, seven of which are in Arkansas, as part of an effort to consolidate its operations and adapt to changing market dynamics. The remaining centers will take over the operations of the closed facilities, potentially affecting pickup and delivery times for customers. Despite the closures, FedEx Freight, which currently operates around 400 service centers, will still maintain a significant footprint in the logistics industry.

Source: FreightWaves

 FedEx is downsizing its fleet again during the next 12 months to match weak international and domestic package shipping demand, and save money.https://t.co/7a0OhNi4wf— FreightWaves (@FreightWaves) June 22, 2023 

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