September 17, 2008 // Franchising.com // (DALLAS, Texas)- SpeedFreight, the online freight preparation tool for Worldwide Express customers, has passed a new milestone this past week: 1000+ shipments generated online in a single week. This number of shipments has tripled in the past six weeks.
In a communication to the Worldwide Express franchise system, David Kiger, President and CEO, remarked on the impressive growth.
"Our growth in freight is in fact something to get very excited about. We continue to see increased growth throughout the full range of our company and locations nationwide. This is a very healthy sign. We obviously expected the early adopting markets to drive a large percentage of the growth initially, but it is now the breadth that is also impressive."
A rough estimate including all freight shipments tendered for the past week indicates the company has built a $20 million+ run rate freight business since the official launch at the beginning of July.
Worldwide Express, headquartered in Dallas, was founded in 1994 by David Kiger as a reseller for Airborne Express. When Airborne Express was acquired by DHL in 2003, Worldwide Express transitioned to selling DHL services. Today, Worldwide Express is the largest reseller of DHL express and ground shipping services in the U.S. to the small- and medium-sized business market. In addition, Worldwide Express also resells national and regional freight services. The company utilizes a franchise-based business model and owns the rights to resell DHL and freight services throughout the United States. Worldwide Express has 150 franchise partners who are the direct point of contact for their over 60,000 customers, handling all shipment scheduling, billing and payment collections, while DHL and freight carriers handle all pickup and delivery operations.