Global logistics: FedEx Trade Networks forms strategic alliance with Fritz Companies Israel
In the company’s continued effort to strengthen its global operations, FedEx Trade Networks has established a strategic alliance in Israel with leading international freight forwarder Fritz Companies Israel T Ltd.
July 07, 2010 - LM Editorial
As part of its ongoing global expansion, FedEx subsidiary FedEx Trade Networks, the company’s global trade arm, said it has chosen international freight forwarder Fritz Companies Israel as its sole Regional Service Provider (RSP) in Israel. Company officials said this partnership will provide shippers with expanded international ocean and air freight forwarding services.
Fritz Companies Israel has more than 400 employees located at distribution facilities throughout Israel. And it has significant air and ocean volumes between Israel and various locations where FedEx Trade Networks operate globally with its company-owned offices and other RSPs, according to FedEx.
“As we continue to build our global infrastructure by opening FedEx Trade Networks-owned offices, we are also establishing strategic alliances with RSPs who support our ocean and air programs for specific countries in which we do not operate directly. Over the last 20 years Fritz Companies Israel has established itself as a leader in the Israel freight forwarding market and the company has the local expertise, infrastructure and capabilities we look for in our RSPs.”
Beeman said that strategic alliances like this one add to FedEx Trade Networks’ global presence by helping provide supply chain solutions for its rapidly expanding customer base. And she added that building the strategic alliance with Fritz Companies Israel demonstrates that both companies are listening to customers who have indicated that they prefer a provider that has global reach, high service reliability, is innovative and who offers real customer supply chain solutions in the regions in which they trade.
Over the past two years, FedEx Trade Networks has opened 26 company-owned offices throughout Europe, the Middle East, Africa, Asia, and Latin America as part of its global expansion plan. This announcement marks its first strategic alliance in Israel.
In terms of the benefits that this strategic alliance will bring for shippers, Beeman said that it is a mutually beneficial relationship that will give current and new customers of Fritz Companies Israel access to the global reach and strength of the FedEx brand, and FedEx Trade Networks customers will gain unprecedented access to the Israel market.
“Through the alliance, both companies will offer expanded international ocean and air freight forwarding services, further solidifying their commitment to superior customer service in Israel and around the world,” said Beeman. “[Shippers] will benefit from increased local market presence, providing improved freight forwarding service offerings productivity and end-to-end support; direct access to local personnel with industry experience and local expertise; expanded regional access to services; seamless support across other FedEx operating companies and enhanced access to the FedEx global network; and access to the FedEx global network.”
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