FedEx Trade Networks: Global Freight Forwarding
Recently, I was asked about the FedEx Trade Networks global expansion and how we fit in the FedEx family of companies?
FedEx Trade Networks is the global freight forwarding arm of FedEx. We provide global transportation solutions under the powerful FedEx brand.
Every shipment is different. FedEx Trade Networks offers a powerful combination of expertise, innovation and customer service to meet customer needs, whether they ship via ocean, air or land. The freight forwarding industry is a $172 billion market that is very fragmented amongst freight forwarders. We can provide a cost effective freight forwarding solution providing coverage in major international markets and trade lanes with flexible carrier schedules.
Our growth has come organically and aggressively. Just in 2011, FedEx Trade Networks established 11 new international office locations. Most recently, we announced our opening in Johannesburg, South Africa; Bologna, Italy; and Ankara and Izmir, Turkey. As part of the company’s global expansion initiative, which began in 2008, we have opened a total of 45 offices throughout Europe, Latin America, the Middle East, Africa and Asia.
Most importantly, we listened to what our customers were asking for – the ability to provide a bundled solution to meet their end-to-end supply chain needs. When customers choose FedEx, they’re choosing one brand with many solutions, whether it’s FedEx Express, FedEx Ground, FedEx Freight or FedEx Trade Networks. We allow customers to choose where, when and how they do business. It’s a big advantage in today’s marketplace.