New breed of shipping company has been born.
The company, known as FedEx Freight Forwarding, has a focus on being more efficient than others in the field.
But what sets it apart is the delivery logistics company is self-contained.
It doesn’t require a lot of infrastructure, it doesn’t have any logistics partners, and it can be operated on its own for free.
For many, the company is the perfect example of a startup with no business model and no real investors, but for many, it’s a model that they can aspire to as well.
The company launched in 2014 and was spun out of the FreightForwarding family, which includes Freightliner, FreightUp and FedEx Freights.
In a recent interview with TechCrunch, CEO Michael Fincher said, “I think we have an opportunity to change the way we do things, but I don’t think we’re going to do that on our own.”
Finchers startup company was based out of a warehouse in Austin, Texas, and is focused on moving packages and trucks to a new facility in Los Angeles.
The idea for the company came from a company that he and his partner were working on, and the idea came from the fact that the shipping companies were going to need more people to get packages to their customers, Finches co-founder and CEO Michael Sorensen told TechCrunch.
So, he thought, “Why not build a company to take that responsibility on their behalf?”
“We’re an amazing company that has been built around the idea of doing things for our customers,” said Sorenets co-founders, Scott K. and Scott Kall.
The team, which has grown to 15 employees, includes both employees from the Freights family and from companies like Amazon and FedEx.
“It’s kind of a family business.
We have a team that was all built in this same space.
We’ve all got the same interests, we’ve all all been in this space for a long time.
We just sort of started building this company together,” said Kall, adding that the Frees family was a part of the original vision for the startup.
The concept behind the new company is simple.
It’s a delivery company that allows its users to pick up and ship packages that need to be delivered to a specific location.
The service is completely self-sustaining, and FedEx has a fleet of trucks that can move items from one location to another.
The delivery company uses a computer-based tracking system to track the delivery of the packages.
The shipping company uses GPS to locate a location for the delivery truck and then has the trucks drive to the location.
“We want to create a completely different model than what we have today,” Finchens co-Founder said.
In the new startup, FedEx and FedEx’s Freightforwarding partners have partnered to allow customers to pay for the service.
In order to get the services done for free, customers have to purchase their own Freight forwarders.
Finchess company has its own payment system, but it’s based on a PayPal platform.
The payments will be made through the app that is available for both iOS and Android, which lets users pay using their phones.
The app works with the FedEx Freighters platform.
It also has an app that allows users to pay their own way for their delivery.
In the new service, the Freighters can provide a credit card to pay the fees on the delivery service.
“This allows the customer to pay with credit card and be reimbursed in full for the actual delivery,” said Finchen.
The Freight forwards company, unlike other companies that focus on the logistics of the business, are not tied to any logistics partner.
In other words, FedEx Freighting does not have any logistical partners.
The only partners are FedEx and Freightlines, which are the two shipping companies that FedEx is currently paying for the logistics services.
“When you talk about logistics, you talk a lot about logistics partners,” Fliches co founder said.
“And that’s why the Freighter companies is different from all the other companies.
The Freight forwarding companies doesn’t need any of the logistics partners.
They’re a completely independent company that operates independently of any logistics company.
They can go wherever they want.
And the Freighting companies are very flexible.
They have an ability to do anything they want.”
For those who would like to see the Freetimes company expand to a larger geographic area, the startup says it will be adding more fulfillment centers in coming months.
For now, it is focused primarily on areas in the U.S. and Canada.
The new company will also offer its service to customers in India, Singapore and Australia, as well as customers in Europe and South Africa.