TN-FEDEX-CORP
FedEx Corp. (NYSE:FDX) announced today that FedEx Trade Networks, Inc. is being rebranded as FedEx Logistics. The new name describes the company’s ability to meet its customers’ increasingly complex and industry-specific supply chain, transportation, value-added services, and brokerage needs. FedEx Logistics provides specialty solutions that complete a simple, seamless and powerful global trade experience for FedEx customers around the world.
“We’re adding tremendous value by bringing all of the specialty services we offer under the FedEx Logistics banner,” said Richard W. Smith, president & CEO of FedEx Logistics. “The global solutions we offer are dynamic and customizable, and the experience for our customers is more streamlined, more efficient and better represented as a collective competitive offering as FedEx Logistics. Our simplified customer interface and comprehensive ability to meet every logistics need will have a profound effect for FedEx customers, our team members, and on our industry as a whole.”
FedEx Logistics will continue to operate from its global headquarters in Memphis, Tenn. The organization’s service offerings include:
- Air & Ocean Cargo Networks
- Trade Brokerage & Facilitation
- Custom Critical Services
- Supply Chain Services
- Cross Border E-Commerce & Fulfillment
- Forward Depots & 3D Printing
The capabilities within these specialty logistics service offerings include air and ocean freight forwarding, customs brokerage and international trade compliance, warehousing and transportation management, time- and temperature-controlled deliveries, critical inventory logistics, solutions for cost-effective international e-commerce trade and fulfillment, and repair and return services.
Serving more than 200 countries, FedEx Logistics leverages the power of the extensive international FedEx transportation network to provide customers a single source for end-to-end management of their shipments and global supply chains.
About FedEx Logistics
FedEx Logistics plays a key role within the FedEx portfolio, connecting 95 percent of the world’s gross domestic product (GDP) with its comprehensive suite of specialty logistics solutions. The company provides air and ocean freight forwarding, supply chain solutions, specialty transportation, cross border e-commerce technology services, customs brokerage, and trade management tools and data from a single trusted source. For more information, visit fedex.com/logistics .
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $69 billion, the company offers integrated business solutions through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 450,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. To learn more about how FedEx connects people and possibilities around the world, please visit about.fedex.com .
View source version on businesswire.com: https://www.businesswire.com/news/home/20190117005399/en/
Contact:
Rachael Simmons 901.434.5261 rachael.renken@fedex.com
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