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.
