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

Working with research partner, The Economist Intelligence Unit, the IBM Institute for Business Value surveyed 1,023 global procurement executives from 41 countries in North America, Europe and Asia.

U.S. Carloads were down 7.8 percent annually at 259,544, and intermodal volume was off 15.7 percent for the week ending February 21 at 213,617 containers and trailers.

The Department of Transportation’s Bureau of Transportation Logistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in December 2014 was up 5.4 percent annually at $95.8 billion. This marks the 11th straight month of annual increases, according to BTS officials.

While the volume decline was steep, there was numerous reasons behind it, including terminal congestion, protracted contract negotiations between the Pacific Maritime Association and the International Longshore and Warehouse Union, and other supply chain-related issues, according to POLA officials.

Truckload rates for the month of January, which measures truckload linehaul rates paid during the month, saw a 7.9 percent annual hike, and intermodal rates dropped 0.3 percent compared to January 2014, which the report pointed out marks the first annual intermodal pricing decline since December 2013.

Article Topics

News · Freight Forwarding · FedEx · All topics

Comments

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


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA