FedEx unveils Canadian headquarters |
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Fri, 15 Jun 2007 16:42
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TORONTO (AP) - FedEx Corp.'s newly formed Canadian subsidiary, FedEx Freight Canada, unveiled on Thursday its Canadian headquarters as part of an aggressive growth plan.FedEx Freight Canada also officially unveiled a 48-dock Toronto service center.'This new facility establishes a strong base from which FedEx Freight Canada will quickly expand its operations across the country,' FedEx Freight Canada vice president and general manager Grant Crawford said in a statement. 'From British Columbia to Nova Scotia, we offer (less-than-truckload) customers the service excellence and reliability they have come to expect from the FedEx brand.'FedEx Freight Canada began operations in February offering less-than-truckload and cargo services both within Canada and across the U.S. border.The subsidiary of the Memphis-based shipping and package service was created from an acquisition last year of Watkins Motor Lines and Watkins Canada Express.FedEx Freight Canada already operates pickup and delivery services in Vancouver, Winnipeg, Calgary, Montreal and London, Ontario, with plans to add service centers in Ottawa, Cambridge, Edmonton, Halifax and Quebec City.FedEx Freight Canada also plans to expand facilities in Winnipeg and Calgary.The corporation already operated a Canadian small package delivery service not related with its freight division.Memphis, Tenn.-based FedEx Corp., also the owner of the world's largest cargo airline, has annual revenues of $35 billion.Shares of FedEx rose $1.14 Friday to $111.92 in morning trading.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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