-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TIdHBsbdl3e6uI4dYrwEjBHPfIKotNOSNpeCyRkpwt1rEr1zUJm3CPjQNoj99Yyn DdaOkL2bRO4FNGV14o6+tQ== /in/edgar/work/0001005477-00-007787/0001005477-00-007787.txt : 20001115 0001005477-00-007787.hdr.sgml : 20001115 ACCESSION NUMBER: 0001005477-00-007787 CONFORMED SUBMISSION TYPE: SC 14D9 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20001114 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN FREIGHTWAYS CORP CENTRAL INDEX KEY: 0000846729 STANDARD INDUSTRIAL CLASSIFICATION: [4213 ] IRS NUMBER: 742391754 STATE OF INCORPORATION: AR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D9 SEC ACT: SEC FILE NUMBER: 005-40826 FILM NUMBER: 762941 BUSINESS ADDRESS: STREET 1: 2200 FORWARD DR CITY: HARRISON STATE: AR ZIP: 72601 BUSINESS PHONE: 8707419000 MAIL ADDRESS: STREET 1: 2200 FORWARD DR CITY: HARRISON STATE: AR ZIP: 72601 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN FREIGHTWAYS CORP CENTRAL INDEX KEY: 0000846729 STANDARD INDUSTRIAL CLASSIFICATION: [4213 ] IRS NUMBER: 742391754 STATE OF INCORPORATION: AR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D9 BUSINESS ADDRESS: STREET 1: 2200 FORWARD DR CITY: HARRISON STATE: AR ZIP: 72601 BUSINESS PHONE: 8707419000 MAIL ADDRESS: STREET 1: 2200 FORWARD DR CITY: HARRISON STATE: AR ZIP: 72601 SC 14D9 1 0001.txt SCHEDULE 14D9 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ---------- SCHEDULE 14D-9 Solicitation/Recommendation Statement under Section 14(d)(4) of the Securities Exchange Act of 1934 ---------- American Freightways Corporation --------------------------------- (Name of Subject Company) American Freightways Corporation ------------------------- (Name of Persons Filing Statement) Common Stock, $0.10 Par Value ------------------------------- (Title of Class of Securities) 02629V108 ------------------------------------- (CUSIP Number of Class of Securities) ---------- [insert name of person authorized to receive communications] American Freightways Corporation 2200 Forward Drive Harrison, Arkansas 72601 (870) 741-9000 ------------------- (Name, address and telephone number of person authorized to receive notices and communications on behalf of the persons filing statement) |X| Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. Media Contact: Shirlee M. Clark 901-818-7463 Investor Contact: J. H. Clippard Jr. 901-818-7468 FOR IMMEDIATE RELEASE FedEx Acquires American Freightways to Extend Reach In Fast-Growing Regional Freight Market American Freightways And Viking Freight Create New LTL Powerhouse MEMPHIS, Tenn., Nov. 13, 2000 - FedEx Corporation (NYSE: FDX) and regional freight carrier American Freightways Corporation (Nasdaq: AFWY) today jointly announced an agreement for FedEx to acquire American Freightways for $28.13 per share, or approximately $1.2 billion, including assumed debt, payable in cash and FedEx stock. This transaction will be immediately accretive to FedEx earnings. The acquisition will allow FedEx Corp., also the parent company of Viking Freight, to extend its reach by expanding its reliable, next-day regional less-than-truckload (LTL) freight service with all-points coverage in 48 states. The joint revenues of American Freightways and Viking will create the second-largest regional LTL freight unit in the United States with revenue of more than $1.6 billion. Leveraging 'A Perfect Strategic Fit' "This acquisition is a perfect strategic fit that will give FedEx a unique competitive advantage, generating incremental volume and revenue that neither business could capture as a stand-alone," said Frederick W. Smith, Chairman, President and Chief Executive Officer of FedEx Corp. "These two networks complement each other geographically, matching Viking's leadership in the West with American Freightways' strong presence throughout the Midwest, South and Northeast. Extending our FedEx network also gives our customers just what they need in today's high-speed, high-tech New Economy--greater choice and flexibility in creating complete supply chain solutions. Plus, it's a great fit for our people, who absolutely, positively provide the industry's most reliable customer service. "The American Freightways acquisition also fits into the FedEx business strategy, with companies that operate independently, focused on distinct market segments, yet compete collectively as a single-source provider for all transportation, logistics and e-commerce needs," Smith added. "We believe this business model offers superior benefits, without Page 1 the inherent trade-offs of a one-size-fits-all approach. Our complete portfolio of independent FedEx networks powerfully demonstrates that the whole is greater than the sum of its parts." Creating a Competitive Service Advantage The primary focus of this new FedEx LTL freight group is on intra-regional transportation, with day-definite delivery in one to two business days; however, customer shipments may also move across regions between the two networks. Shipments originating with either American Freightways (AF) or Viking will move anywhere in the country in up to four days as information systems become integrated. That represents a competitive edge over national long-haul LTL carriers, which typically take five to seven days to move freight across the country. In addition, AF and Viking will offer distinct advantages over stand-alone regional LTL companies, with direct pickup and delivery, wider geographic coverage and greater market density. Each company's sales team will sell bundled multi-regional LTL services. Over time, the entire FedEx sales force will also be trained to cross-sell LTL services to FedEx Express and FedEx Ground customers, which should generate incremental volume and revenue in other FedEx transportation segments. Viking and AF domestic service areas overlap only in Alaska, Arizona, Colorado, Hawaii and New Mexico, and in Calexico, Calif., and El Paso, Texas. Neither company currently serves Montana or Wyoming. AF also serves the Caribbean, Guam, Puerto Rico and South America, and both companies serve Canada and Mexico. Benefiting Shareholders, Customers and Employees "For American Freightways, joining forces with FedEx is a win-win situation for our shareholders, customers and employees," said Sheridan Garrison, Chairman and Founder of American Freightways. "Our shareholders would receive approximately a 61% premium to our most recent market price which we believe represents a significant value to them. Our customers win with the combination of AF and Viking, which will create a flexible, regional LTL network that provides next-day or second-day service within regions, with the option to move shipments seamlessly on a multi-regional basis. Our AF associates also win with greater long-term opportunities as part of the FedEx family." Garrison will become the thirteenth member of the FedEx Corporation Board of Directors and will serve as Chairman Emeritus and Founder of American Freightways. Tom Garrison will continue as President and CEO of American Freightways and will report to Douglas G. Duncan, who will become President and CEO of a new FedEx LTL freight group overseeing both AF and Viking operations. Also reporting to Duncan will be Tilton Gore, currently a Viking Senior Vice President, who will succeed Duncan as President and CEO of Viking Freight. Page 2 "This acquisition will expand the FedEx LTL freight presence much faster than growing Viking eastward, and each company can continue to leverage the regional strength of its brand name while operating as part of the global FedEx family," Duncan said. "Although there are no plans to merge these two profitable companies, we do plan to explore all opportunities for synergies." For example, both companies previously relied on third-party transportation services to extend their coverage areas. "By joining forces, this new FedEx LTL freight group can sell a more complete package of multi-regional services and capture business that previously went to the competitors," Duncan added. Expanding in the Fast-Growing LTL Market Industry experts predict the regional LTL market will grow by nearly 10 percent per year from 2000 to 2004. LTL carriers deliver bulk freight shipments weighing over 150 pounds that can be moved entirely by truck and still meet day-definite delivery requirements. American Freightways and Viking Freight will operate independently under their own brand names as part of the FedEx family, which includes approximately 200,000 employees and contractors at FedEx Express, FedEx Ground, FedEx Logistics, FedEx Custom Critical, and FedEx Trade Networks. AF is based in Harrison, Ark., with more than 17,000 associates in 40 states. Viking is based in San Jose, Calif., and employs about 5,400 in 11 western states. FedEx Corp. and American Freightways stated that they were both comfortable with the First Call consensus earnings estimates for their current quarters. A conference call for media and financial analysts will be held at 10:00 a.m. (EST) on November 13, 2000, and will be webcast at www.fedex.com/us/investorrelations. A replay of the conference call webcast will be posted on the web site following the call and will remain available for approximately two weeks. About the Transaction Both boards of directors have approved the transaction, and the companies have signed a definitive agreement. The $1.2 billion purchase includes $950 million in a half-cash, half-stock transaction and the assumption of approximately $250 million in American Freightways debt. FedEx will make a cash tender offer for up to 50.1% of the outstanding shares of American Freightways Corporation (AF) at a price of $28.13 per share. Following completion of the tender offer, AF will merge into a newly created subsidiary of FedEx Corporation, pursuant to which each AF common share will be converted into shares of FedEx Corporation common stock having a value of $28.13 per share. Page 3 The transaction is subject to the approval of AF shareholders and other customary conditions, including Hart-Scott-Rodino clearance. The Merger Agreement also includes customary provisions relating to the fiduciary duty of directors. AF shareholders who own in the aggregate 37% of the outstanding AF shares have agreed to vote their shares in favor of the merger. The companies expect the tender offer to be completed in mid-December and the merger to be completed in the first quarter of 2001. The companies expect the merger to be tax-free to AF shareholders who receive FedEx Corporation stock. "We have arranged a $750 million line-of-credit facility with Chase Bank for the cash portion of the transaction and for refinancing American Freightways' debt, should we elect to do so," said Alan B. Graf Jr., Executive Vice President and CFO of FedEx Corp. "We anticipate that Moody's and S&P will reaffirm our current debt rating, which is Baa2 and BBB, respectively. We have sufficient shares of treasury stock to complete the second half of the transaction, which is an exchange of common shares of stock. As for our financial reporting, we plan to report separate results for the FedEx LTL freight group beginning with the release of fiscal third-quarter earnings." Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to management's views with respect to future events and financial performance and the proposed FedEx acquisition of AF. Such forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from historical experience or from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, economic and competitive conditions in the markets where FedEx operates, matching capacity to volume levels and other uncertainties detailed from time to time in press releases and filings with the SEC by FedEx and its subsidiaries. ALL AF STOCKHOLDERS SHOULD READ THE TENDER OFFER STATEMENT CONCERNING THE TENDER OFFER FOR SHARES OF AF COMMON STOCK THAT WILL BE FILED BY FEDEX CORPORATION WITH THE SEC AND MAILED TO AF STOCKHOLDERS. THE TENDER OFFER STATEMENT (INCLUDING THE OFFER TO PURCHASE, A RELATED LETTER OF TRANSMITTAL AND OTHER OFFER DOCUMENTS) WILL CONTAIN IMPORTANT INFORMATION THAT AF STOCKHOLDERS SHOULD READ CAREFULLY BEFORE MAKING ANY DECISION REGARDING TENDERING THEIR SHARES. AF stockholders will be able to obtain the tender offer statement, as well as other filings containing information about FedEx Corporation and AF, without charge, at the SEC's Internet site (http://www.sec.gov). In addition, copies of the tender offer statement and other documents filed with the SEC by FedEx Corporation may be obtained for free from FedEx by directing a request to FedEx Corporation, 942 S. Shady Grove Road, Memphis, Tennessee 38120, Attention: Investor Relations, telephone: (901) 818-7200. ALL AF STOCKHOLDERS SHOULD READ THE PROXY STATEMENT/ PROSPECTUS CONCERNING THE MERGER AND RELATED TRANSACTIONS THAT WILL BE FILED WITH THE SEC AND MAILED TO AF STOCKHOLDERS. THE PROXY STATEMENT/PROSPECTUS WILL CONTAIN IMPORTANT INFORMATION THAT AF STOCKHOLDERS SHOULD READ CAREFULLY BEFORE MAKING ANY DECISION REGARDING Page 4 THE MERGER AND RELATED TRANSACTIONS. AF stockholders will be able to obtain the proxy statement/prospectus, as well as other filings containing information about FedEx Corporation and AF without charge, at the SEC's Internet site (http://www.sec.gov). In addition, the proxy statement/prospectus and other documents filed with the SEC by AF may be obtained for free from American Freightways Corporation, 2200 Forward Drive, Harrison, Arkansas 72601, Attention: Investor Relations, telephone: (870) 741-9000. FedEx and AF and their officers and directors may be deemed to be participating in the solicitation of proxies from AF's stockholders with respect to the merger and related transactions. Information regarding the officers and directors of FedEx is included in the FedEx Proxy Statement for its 2000 Annual Meeting of Stockholders filed with the SEC on August 14, 2000. Information regarding the officers and directors of AF is included the AF Proxy Statement for its 2000 Annual Meeting of Stockholders filed with the SEC on March 11, 2000. These documents are available free of charge at the SEC's Internet site (http://www.sec.gov) or by contacting FedEx or AF at the addresses set forth above. About FedEx Corp. With annual revenues of $19 billion, FedEx Corp. is the premier global provider of transportation, logistics, e-commerce and supply chain management services. The company offers integrated business solutions through a network of subsidiaries operating independently, including FedEx Express, the world's largest express transportation company; FedEx Ground, North America's second largest provider of small-package ground delivery service; FedEx Logistics, an integrated logistics, technology and transportation-solutions company; FedEx Custom Critical, the world's largest provider of expedited, time-critical shipments; and FedEx Trade Networks, a provider of customs brokerage, consulting, information technology and trade facilitation solutions. More than 2.5 million customers are connected electronically through the FedEx information network and approximately two-thirds of its U.S. domestic transactions are now handled online. About American Freightways Corporation American Freightways Corporation is a scheduled, for-hire carrier of less-than-truckload shipments of general commodities, presently serving direct all points in 40 contiguous U.S. states. Through partnerships, AF also serves Alaska, Canada, Caribbean Islands, Central America, Hawaii, Mexico, Puerto Rico and South America. It employs 17,200 associates operating over 28,300 pieces of revenue equipment from a network of 265 customer centers and handles about 46,000 shipments per day. For more information, visit their web site at www.AF.com. ### Page 5 FedEx Corporation - -------------------------------------------------------------------------------- With annual revenues of $19 billion, FedEx Corp. is the premier global provider of transportation, logistics, e-commerce and supply chain management services. The company offers integrated business solutions through a network of subsidiaries that operate independently yet compete collectively. Core Business o Independently, each FedEx Corp. subsidiary focuses on what it does best - offering the best transportation and logistics services in its respective market. o Collectively, FedEx Corp. provides the strategic direction for its independent operating companies to compete worldwide under the powerful FedEx brand. Operating Companies o FedEx Express, the world's largest express transportation company o FedEx Ground, North America's second largest ground small-package carrier o FedEx Logistics, a leading provider of integrated logistics and supply chain solutions o FedEx Custom Critical, the world's largest surface-expedited, critical-shipment carrier o FedEx Trade Networks, a provider of customs brokerage, consulting, information technology and trade facilitation solutions Headquarters Memphis, Tenn. Principal Officers Frederick W. Smith Chairman, President and CEO Robert B. Carter Executive Vice President and CIO Alan B. Graf Jr. Executive Vice President and CFO T. Michael Glenn Executive Vice President, Market Development and Corporate Communications Kenneth R. Masterson Executive Vice President, General Counsel and Secretary NYSE Listing FDX Service Area 210 countries Workforce More than 200,000 employees and contractors worldwide Volume About 4.8 million packages each business day Air Fleet 665 Ground Fleet More than 64,500 vehicles Web Site Address fedex.com Recent Awards Computerworld, "100 Best Places to Work in IT" InfoWorld names Rob Carter "Chief Technology Officer of the Year" Contact Shirlee M. Clark Joan H. Lollar (901)818-7463 (901)818-7312 smclark@fedex.com jhlollar@fedex.com
FedEx Express - -------------------------------------------------------------------------------- Federal Express Corporation ("FedEx Express") is the world's largest express transportation company. Leveraging its unmatched air route authorities and extensive air/ground infrastructure, FedEx Express connects markets, within just 1 to 2 business days, that comprise 90% of the world's economic activity. Core Business o The FedEx global transportation network provides rapid, reliable, time-definite delivery of documents, packages and freight shipments worldwide. o A state-of-the-art information technology network enables information-rich service offerings. More than 2.5 million customers are connected electronically with FedEx Express - through its Web site or its customer automation systems - and about two-thirds of U.S. domestic transactions are processed electronically every business day. Headquarters Worldwide: Memphis, Tenn. Asia: Hong Kong, China Europe: Brussels, Belgium Latin America: Miami, Fla. Canada: Toronto, Ontario Principal Officer David J. Bronczek, President and CEO Founded 1971; first day of continuous operations on April 17, 1973 Service Area 210 countries Workforce Approximately 146,000 employees worldwide Volume More than 3.2 million shipments every business day Air Fleet 665 aircraft Ground Fleet More than 44,500 vehicles Web Site Address fedex.com Customer Service 1-800-Go-FedEx(R), (800)463-3339 Recent Awards Wal-Mart Stores, Inc., "Carrier of the Year" (1999, 2000) Fortune, "100 Best Companies to Work for in America" (1998, 1999, 2000) Fortune, "50 Best Companies for Asians, Blacks and Hispanics" (1998, 1999) Working Woman, "100 Best Companies for Working Mothers" (1998) Contact Greg Rossiter Jess W. Bunn (901)395-4440 (901)395-5642 gmrossiter@fedex.com jbunn@fedex.com
FedEx Ground - -------------------------------------------------------------------------------- FedEx Ground treats small-package shipping like the important business function it is. The result is a "win-win" situation for every customer: competitive pricing with value-added technology, such as bar code scanning, en route tracking, and automated package sorting. Core Business o North America's second-largest provider of ground small-package delivery services o FedEx Home Delivery - the industry's first ground service dedicated to home delivery o Money-back guarantee o Extended delivery times (until 8 p.m. and on Saturdays) o Premium delivery services (appointment, day-certain and evening delivery) o Available in 46 U.S. metropolitan markets; nationwide by 2002 o Pioneer in applying advanced information technology to meet customer needs Headquarters Pittsburgh, Penn. Principal Officer Daniel J. Sullivan, President and CEO Founded 1985 Service Area Service throughout North America, including the U.S., Canada, Puerto Rico and Mexico Volume About 1.5 million packages every business day Workforce More than 35,000 employees and independent contractors Ground Fleet More than 9,000 vehicles Web Site Address fedex.com Customer Service 1-800-Go-FedEx(R), (800)463-3339 Recent Awards Wal-Mart Stores, Inc., "Carrier of the Year" (1999, 2000) American Trucking Association, President's Trophy for the best overall safety program (1996, 2000) National Small Shipments Traffic Conference (NASSTRAC) and Logistics Management and Distribution Report magazine, "Parcel Delivery Carrier of the Year" (1999) American Trucking Association Safety Contest, first place, "General Commodities Division, Miscellaneous Fleets, Linehaul, Over 20 Million Miles" category (1998, 1999) Contact Betsy Momich (412)747-4214 betsy.momich@fedex.com
FedEx Custom Critical - -------------------------------------------------------------------------------- When customers need it now, FedEx Custom Critical delivers - whether it's parts to keep a vital production line running, emergency generators to restore power after a storm, or a priceless piece of art that needs special handling. Core Business o North America's largest time-specific critical-shipment carrier o Nonstop, time-specific, door-to-door delivery (with a guarantee) of critical and special-handling shipments within the continental U.S., Canada and Europe o Door-to-door surface and air-charter delivery solutions driven by sophisticated and proprietary shipment-control technology o White Glove Services(R) division, created to meet the demands of fragile, hazardous, perishable, sensitive, irreplaceable or high-value freight o CharterAir(R)division, offering an array of expedited air solutions to meet customers' critical delivery times Headquarters Akron, Ohio Principal Officer R. Bruce Simpson, President and CEO Founded 1947 (became expedited carrier in 1980) Service Area Service available anywhere within the contiguous United States and Canada, and within Europe Volume About 1,000 daily shipments Workforce More than 2,800 employees and contractors Air Fleet Access to virtually every on-demand aircraft in North America Ground Fleet More than 2,000 trucks Web Site Address customcritical.fedex.com Customer Service (800)762-3787 Recent Awards Pfizer Corporation, "Quality Carrier of the Year" for transportation excellence for the fifth consecutive year (1998) Goizueta Business School of Emory University, "Best Practices in Customer Relationship Management" (1997) Smithsonian Institution, included in the Permanent Research Collection on Information, Technology and Society (1996) Contact Barbara Tschantz (330)785-4873 barb.tschantz@fedex.com
FedEx Logistics - -------------------------------------------------------------------------------- FedEx Logistics Inc. ("FedEx Logistics") specializes in air and ground transportation, transportation management, integrated logistics, and consulting services that are in keeping with the hallmarks of the FedEx brand - global, time-definite and information-intensive. Core Business o Complete supply chain solutions targeted to customers in the aerospace, automotive, health care, high technology, industrial and consumer products industries o Time-certain airfreight service between Puerto Rico and the United States Operating Companies o FedEx Supply Chain Services, Inc. (marketed under the brand name and logo FedEx Logistics): Provider of global transportation management services, integrated logistics, consulting and other professional services o Caribbean Transportation Services, Inc.: Leading provider of airfreight forwarding services between the United States and Puerto Rico Headquarters Memphis, Tenn. Principal Officer Joseph C. McCarty, President and CEO Founded 1998 Service Area U.S., Canada, Europe and other worldwide locations Volume 13,000 daily shipments Fleet 7,660 Workforce About 4,000 employees Web Site Address logistics.fedex.com Customer Service (800)222-7657 Recent Awards Institute of Transport Management, "European Logistics Company of the Year" (1999) Logistics Management & Distribution Report, "Quest for Quality Award" in the category of third-party logistics (1999) General Motors, "International Supplier of the Year Award" (model year 1998 and 1999) Contact Charles B. Malone (901)395-5256 cbmalone@fedex.com
FedEx Trade Networks - -------------------------------------------------------------------------------- FedEx Trade Networks Inc. helps customers of all sizes solve the intricacies of shipping goods globally. Core Business o Full-service customs brokerage, which includes: entry filing and release services; assessing customs duties and fees; and filing declarations for items shipped o Trade consulting and information technology, including fully integrated regulatory compliance for imports and exports, document preparation and archiving o E-clearance solutions, making it possible to clear shipments more quickly through customs by using advanced e-commerce programs o Transportation and logistics services Operating Companies o Tower Group International: Provides international trade services, specializing in customs brokerage, international freight forwarding, transportation, warehousing and national distribution, duty drawback, trade consulting, cargo coverage, and public and private seminars o Worldtariff, Limited: Premier source of customs duty and tax information Headquarters Memphis, Tenn. Principal Officer G. Edmond Clark, President and CEO Founded February 2000 Service Area Worldwide Workforce About 1,600 employees Customer Service 1-800-Go-FedEx(R), (800)463-3339 Contact Cornell Christion (901)395-5038 mcchristion@fedex.com Viking Freight and American Freightways - -------------------------------------------------------------------------------- Viking Freight, Inc. and American Freightways Corporation offer high-quality, day-definite regional and inter-regional LTL services. Core Business o Viking Freight: The leading less-than-truckload carrier operating principally in the western United States. Viking offers premium next-day and second-day on-time, regional freight service and direct ocean service. o American Freightways: The fourth largest LTL carrier in the United States based on revenue and the third largest based on tonnage. American Freightways offers premium multi-regional service, as well as offshore and international service. Viking Freight American Freightways Headquarters San Jose, Calif. Harrison, Ark. Founded 1966 1982 Service Area 11 western states including Alaska and 40 state all-points direct coverage, plus and Hawaii Transborder shipping to plus Canada, Mexico, Puerto Rico, Alaska, Canada and Mexico Hawaii and Guam, Central and South America and the Caribbean Work Force About 5,400 About 17,000 Daily Volume 13,000 shipments 46,000 shipments Fleet 10,000+ 24,000+ Customer Service 1-800-VIKING (1-800-845-4647) 1-800-8-SHIP AF Web Site vikingfreight.com af.com Recent Awards o NASSTRAC LTL Regional Carrier of o NASSTRAC Multi Regional Carrier the Year (fifth time) of the Year o Carrier of the Year from o Quest for Quality Award from Phillips-Van Heusen Corp. Logistics Management & Distribution Report o Supplier Quality Alliance Gold o Michelin LTL Interregional Medal from PacBell Directory Carrier of the Year
FedEx Corporation (logo) New Freight Powerhouse FedEx Corporation, the parent company of Viking Freight, plans to acquire American Freightways to expand its reliable, next-day regional freight service. Both less-than-truckload carriers will operate independently under their own brand names as part of the FedEx family, which includes FedEx Express, FedEx Ground, FedEx Logistics, FedEx Custom Critical, and FedEx Trade Networks. MAP OF THE UNITED STATES ------------------------ [white] Area Not Served [grey] Both Companies [grey] Viking Freight [grey] American Freightways (Montana and Wyoming are white) (all other states are grey) VIKING FREIGHT (logo) AF AMERICAN FREIGHTWAYS. (logo) FedEx Corporation (logo) New Freight Powerhouse FedEx Corporation, the parent company of Viking Freight, plans to acquire American Freightways to expand its reliable, next-day regional freight service. Both less-than-truckload carriers will operate independently under their own brand names as part of the FedEx family, which includes FedEx Express, FedEx Ground, FedEx Logistics, FedEx Custom Critical, and FedEx Trade Networks. MAP OF THE UNITED STATES ------------------------ [white] Area Not Served [grey] Both Companies [blue] Viking Freight [red] American Freightways (Montana and Wyoming are white) (Alaska, Arizona, Colorado, Hawaii and New Mexico are grey) (California, Idaho, Nevada, Oregan, Utah and Washington are blue) (all other states are red) VIKING FREIGHT (logo) AF AMERICAN FREIGHTWAYS. (logo) -----END PRIVACY-ENHANCED MESSAGE-----