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FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX)and the world’s largest express transportation company, has reachedanother milestone in its integration with , utilizing theunparalleled European road network to improve transit times forFedEx Intra-Europe Economy shipments.
FedEx Intra-European Economy parcel shipments are thosedelivered within the EU within 2-5 business days, and are a vitalservice for many customers, particularly SMEs trading withinEurope. Transit times will improve on approximately 40% of theEuropean lanes in the countries where the service improvement isimplemented. This cross-utilization of the combined FedEx Expressand networks is a major step towards full integration of theoperations and delivers efficiencies as well as service benefitsfor customers.
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“This is an exciting development for our customers and our teammembers, as the benefits of integration are coming to life througha faster, more comprehensive service for businesses trading withinEurope,” said Bert Nappier, president of FedEx Express and CEO of .“Through integration with we are building Europe’s premierlogistics business, and the integration of our economy networkstakes us one step closer.”