FedEx is prospected by companies that are selling Logistics and supply chain services, Procurement, Transport, Ecom, Mobility and other solutions. These are a few quick insights about FedEx that you might find valuable in your outreach.
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FedEx enhances International Priority service in UAE, Saudi Arabia
Intel type: Company Plans
Date: 25 July 2023
FedEx Express, a subsidiary of FedEx Corp and the world’s largest express transportation company, has enhanced its International Priority (IP) service in an effort to improve the efficiency of goods circulation and enable customers to seize global opportunities.
FedEx has improved the transit time of FedEx International Priority (IP) for exporters in the UAE and Saudi Arabia. With this enhancement, shipments can now be delivered to major markets and territories around the world within two to three business days. This represents at least a one-day improvement compared to previous transit times for major markets, it said.
By providing a day-definite delivery service that combines speed and reliability, FedEx offers customers the ability to ship urgent and critical shipments. Additionally, this enhancement includes FedEx door-to-door and customs-cleared services.
This insight is useful for your prospecting if your business deals with: Logistics technology, Shipping, Customer engagement, Security Sustainability, Process excellence, Digital advertising solutions
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FedEx Innovation Lab invests in Floship
(source: https://www.itln.in/e-commerce/fedex-innovation-lab-invests-in-floship-1348987)
Intel type: Investment, Fund Raises & Finance
Date: 14 June 2023
FedEx and Floship, a leading global circular supply chain solutions provider for e-commerce brands, announced a partnership designed to provide enhanced fulfilment and logistics services to e-tailers worldwide. Through investment by the FedEx Innovation Lab (FIL), the partnership will create an end-to-end digitised fulfilment and return solution, enhancing operational efficiency through optimal inventory management and best-in-class delivery using FedEx services, says an official release.
This insight is useful for your prospecting if your business deals with: Logistics technology, Shipping, Customer engagement, Security Sustainability, Digital advertising solutions, Ecommerce product and Delivery support
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FedEx to consolidate most operating units under single corporate umbrella | CSCMP’s Supply Chain Quarterly
Intel type: Company Plans
Date: 05 April 2023
Parcel delivery powerhouse FedEx Corp. today announced plans to consolidate most of its operating companies into one organization in search of cost cuts, bringing FedEx Express, FedEx Ground, FedEx Services, and other FedEx operating companies into an umbrella unit called Federal Express Corp.
The lone exception to the realignment is FedEx Freight, which will continue to provide less-than-truckload (LTL) freight transportation services as a stand-alone company under that parent organization.
When the change is fully implemented by June 2024, the new single company will operate a “unified, fully integrated air-ground network” that creates efficiencies to enhance the company’s ability to meet the evolving needs of customers, FedEx said.
“We are building a simplified experience for our customers, who are at the center of everything we do, so they can adapt to the market,” Raj Subramaniam, who will serve as president and CEO of the combined organization, said in a release. “This combination will allow us to provide customers with even greater value, offering the most advanced data-driven insights to help them make smarter decisions for their business.”
This insight is useful for your prospecting if your business deals with: Logistics technology, Shipping, Customer engagement, Security Sustainability, Digital advertising solutions and Delivery support
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