FedEx marks European Growth Milestone

By Freddie Pierce
Follow @SamJermy Follow @SupplyChainD FedEx Express has reached a significant milestone in its European growth programme by opening its 100th new stat...

 

FedEx Express has reached a significant milestone in its European growth programme by opening its 100th new station in Seville, southern Spain.  

As a result of the FedEx growth programme, over 3,600 team members have been added across Europe and intra-country services have been rolled out in 13 countries. The landmark announcement comes as FedEx unveils phase two of its business plan for Europe; phase one involved business expansion and acquisitions that started in October 2011.

David Binks, FedEx Express President EMEA, said: "Over a hundred new stations added across Europe means more local expertise, more local access to global markets and more business solutions.

“We’ve accomplished our mission to lay the foundations for our growth programme. Now it's time to take our business to the next level."

 

A New Chapter Announced

FedEx Express has launched the second phase of its European growth programme – to go beyond physical infrastructure investments and focus on optimising all the capabilities that are now in place.

Binks said: “FedEx has been innovating and capitalising on market trends for over 40 years – it’s in our DNA. With an improving European outlook, our expanded network and new capabilities, we are in an ideal position to provide more solutions for our customers, backed by the renowned FedEx commitment to quality and customer experience.

“Ultimately, we want FedEx in a position of trust with our customers – where we move beyond services and into solutions to help them realise their own business aspirations.”

FedEx customers in Europe are benefiting from more localised connections to 90 percent of the world’s GDP within just one to two business days. As with all other FedEx stations already operating in Europe, this expansion gives businesses access to FedEx Express next-business-day deliveries to and from Europe or in two days for main intercontinental destinations.

This is as well as economy services at competitive rates to Europe, North America, Latin America or Asia.  Coupled with the new intra-country services, FedEx is offering a one stop shop for businesses to effectively reach both local and international markets.

This landmark in the FedEx growth programme comes as current data indicate that Europe’s economy is showing positive signs of recovery in the aftermath of the financial crisis. According to forecasts from the European Commission, GDP will expand by 1.5% in 2014 and by 2.0% in 2015 across the EU 28. In the final three months of 2013, the Eurozone economy grew by 0.3% – up from 0.1% growth in the previous quarter.

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