Subscribe to our free, weekly email newsletter!


FedEx Trade Networks adds three U.S.-based offices

By Jeff Berman, Group News Editor
March 29, 2012

FedEx subsidiary FedEx Trade Networks, the company’s global trade subsidiary, said this week it has opened three new U.S.-based offices in Phoenix, St. Louis, and Milwaukee as part of an ongoing expansion effort.

Company officials said these new offices will provide shippers with air and ocean freight forwarding and customer brokerage services and value-added services such as online shipment visibility with My Global Trade Data, purchase order management via Global Order Logistics, surface transportation, warehousing, distribution and a variety of multimodal services.

A FedEx spokesperson told LM that this expansion was driven by customer demand.

“We are always looking for ways to serve our customers better, which includes opening in new markets to meet our customers’ growing needs,” the spokesperson said.

And the spokesperson also noted that these new locations provide shippers with enhanced support and options, explaining that the addition of the new locations provides customers with access to a wider variety of solutions and routing options. Customers can benefit from the company’s enhanced ability to build innovative, end-to-end solutions supported by logistics professionals with industry and local market expertise, the spokesperson also explained.

“The launch of FedEx Trade Networks in these new locations allows the company to meet customers’ needs and offers seamless support across other FedEx operating companies in these regions,” said the spokesperson.

The FedEx Trade Networks U.S. infrastructure includes more than 45 service locations, with multiple facilities in some locations. 

About the Author

Jeff Berman headshot
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Even though China’s costs have risen and the U.S. has now surpassed Mexico as the preferred locale for relocating offshored manufacturing, advantages can be fleeting and the challenges great

Memphis-based FedEx reported solid fiscal second quarter earnings results today. Quarterly net income of $616 million was up 23 percent annually, and revenue, at $11.9 billion, was up 5 percent. Operating income at $1.01 billion was up 22 percent.

UPS said this week that it has added significant space to some of its North America-based distribution facilities, which the company increases the total size of its supply chain solutions network size by roughly 1.2 million square-feet. The company’s total global supply chain solutions network is comprised of 596 facilities and about 32.8 million square-feet. UPS offers various services at these facilities, including: warehousing and fulfillment inventory, transportation and returns management; custom kitting and packaging; and store-ready displays.

A week ago, the average price per gallon of diesel gasoline saw its steepest decline in more than two years, when it fell 7 cents to $3.535. This week took that decline a step further, with the Department of Energy’s Energy Information Administration (EIA) reporting that the average price this week fell 11.6 cents to $3.419 per gallon.

With an eye on further expansion of its e-commerce business and related reverse logistics processes, transportation and logistics bellwether FedEx last night announced it has inked an agreement to acquire Pittsburgh-based GENCO, a third-party logistics (3PL) services provider specializing in product lifecycle and reverse logistics.

Article Topics

News · Freight Forwarding · FedEx · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA