FedEx Cross Border Expands Global E-Commerce Business with Three New Facilities

Date : 10/14/2019 @ 1:00PM
Source : Business Wire
Stock : FedEx Corp (FDX)
Quote : 155.52  0.0 (0.00%) @ 9:00AM
FedEx share price Chart

FedEx Cross Border Expands Global E-Commerce Business with Three New Facilities

FedEx (NYSE:FDX)
Historical Stock Chart

2 Months : From Sep 2019 to Nov 2019

Click Here for more FedEx Charts.

New locations in the U.S. and the Netherlands bring global solutions to online merchants

FedEx Cross Border, a subsidiary of FedEx Corp. (NYSE: FDX), announced the expansion of its global e-commerce business to new locations in Saddle Brook, NJ, (U.S.), Fontana, CA, (U.S.) and Venlo (The Netherlands).

“This expansion enables FedEx Cross Border to help more merchants reach new customers in over 200 countries and territories around the world, increasing our ability to capture more of the growing global e-commerce market,” said Carl Asmus, president & CEO, FedEx Cross Border. “We continue to invest in the transportation and technology solutions our customers want and expect, strengthening an already robust e-commerce portfolio.”

Asmus added: “By providing post-click delivery options that balance speed and costs, and pre-click technology that can be used to develop effective online marketplaces and platforms, FedEx Cross Border is enabling online merchants to flourish in this thriving industry.”

The new locations give business-to-consumer merchants convenient and cost-effective transportation solutions to access shoppers globally. The benefits include flexible delivery options, end-to-end tracking, commercial and postal import clearance options and a portfolio of final mile delivery solutions. In addition to transportation, FedEx Cross Border offers technology solutions. In the U.S., this technology integrates payment methods, currency conversion, information related to regulatory compliance, and payment fraud protection – among other solutions – into websites and platforms.

The expansion comes after the acquisition of P2P Mailing Limited, a leading provider of global e-commerce solutions, in the UK last year.

About FedEx Corp.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $70 billion, the company offers integrated business solutions through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 450,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. To learn more about how FedEx connects people and possibilities around the world, please visit about.fedex.com.

Christina Meek FedEx Cross Border 901-762-3642 Christina.meek@fedex.com

Latest FDX Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:us D:20191120 11:55:14