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Issue #583 | Forest Products

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2014 Media Kit
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FedEx Corp. completes acquisition of Watkins Motor Lines

By: | at 08:00 PM | Channel(s): Intermodal  

FedEx Corporation announced that it has completed the $780 million cash purchase of the LTL operations of Watkins Motor Lines and certain affiliates. A privately held company based in Lakeland, FL, Watkins Motor Lines is a provider of long-haul LTL services. The operations of Watkins Motor Lines and Watkins Canada Express, Watkins’ LTL carrier in Canada will be re-branded FedEx National LTL and FedEx Freight Canada, respectively. Re-branding of both operations will begin immediately. (Reuters)