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FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, has reached another milestone in its integration with , utilizing the unparalleled European road network to improve transit times for FedEx Intra-Europe Economy shipments.
FedEx Intra-European Economy parcel shipments are those delivered within the EU within 2-5 business days, and are a vital service for many customers, particularly SMEs trading within Europe. Transit times will improve on approximately 40% of the European lanes in the countries where the service improvement is implemented. This cross-utilization of the combined FedEx Express and networks is a major step towards full integration of the operations and delivers efficiencies as well as service benefits for customers.
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“This is an exciting development for our customers and our team members, as the benefits of integration are coming to life through a faster, more comprehensive service for businesses trading within Europe,” said Bert Nappier, president of FedEx Express and CEO of . “Through integration with we are building Europe’s premier logistics business, and the integration of our economy networks takes us one step closer.”