FEDEX LAUNCHES ON-LINE SHIPPING MARKET

   Federal Express, the primary subsidiary of Memphis-based FDX Corp., has launched a website that allows consumers to link to online retailers that ship goods via FedEx.
   FedEx MarketPlace, at https://www.fedex.com/us, will provide links to such retailers as Value America, L.L. Bean and HP Shopping Village.
   FedEx and United Parcel Service are competing fiercely for
Internet-generated shipping business. UPS appears to be winning, delivering a majority of goods bought via the Internet, according to researchers.
   Between Thanksgiving and the end of this year, Forrester Research
estimates that consumers will spend $4 billion online, nearly three times
last year’s total.

FreightWaves Staff