Exclusive: FedEx to hire 700 flexible rural and residential drivers - Reuters
FedEx Corp said it plans to hire about 700 flexible, part-time Express drivers in 160 U.S. residential and rural markets as customer-turned-competitor Amazon.com Inc puts pressure on established delivery firms.
FedEx, like global rival United Parcel Service Inc, is investing billions of dollars to cope with the boom in low-margin residential deliveries, which account for just over half of total package volume versus 20 percent in 2000.
Taking small numbers of packages the “last mile” to shoppers’ doorsteps and far-flung homes is more costly than delivering scads of envelopes and packages to office buildings - the latter of which has been the Memphis-based company’s bread and butter.
FedEx Corp said it plans to hire about 700 flexible, part-time Express drivers in 160 U.S. residential and rural markets as customer-turned-competitor Amazon.com Inc puts pressure on established delivery firms.
FedEx, like global rival United Parcel Service Inc, is investing billions of dollars to cope with the boom in low-margin residential deliveries, which account for just over half of total package volume versus 20 percent in 2000.
Taking small numbers of packages the “last mile” to shoppers’ doorsteps and far-flung homes is more costly than delivering scads of envelopes and packages to office buildings - the latter of which has been the Memphis-based company’s bread and butter.