FedEx chooses Geodis to perform pick up and delivery operations in France
Paris, June 26, 2006 – FedEx Express, a subsidiary of FedEx Corp. (NYSE:FDX) and the world’s largest express transportation company, and Geodis, one of the leading companies of logistics services in Europe, have signed an operational agreement for a 3 year period.
As of January 2, 2007 Geodis will perform pick-ups and deliveries for FedEx customers in designated areas in
“FedEx is committed to constantly improving its service offering in the international express segment. With this new operational agreement, FedEx will significantly extend its noon deliveries and late pick-ups in
Ranking among the top 5 European logistics companies, Geodis is recognised for its multibusiness experience and its supply chain capabilities including distribution, logistics, air and sea freightforwarding, full truck loads service, reverse logistics and the monitoring of its customers supply chain.
"FedEx decision to sign an operational agreement with Geodis for its French operations confirms our position as a leader in express transport and recognizes the quality of service provided every day by the men and women of Geodis. Under this agreement, customers will benefit from our industry expertise, continuous innovation, our exclusive e-sp@ce tracking system and its Visiotracer tool, and our capacity to deliver twice daily throughout France, declared Denis Zimmer, Geodis Operations Director for French regions.
“FedEx will connect more than 70% of France GDP to its next day service to the US, through our unmatched Expressfreighter service – that represents a 15% increase in coverage.This illustrates again FedEx’s determination to be the preferred express carrier for international shipments in France”, added Jean-Marc Lacombe.
Through the establishment of this operational agreement with Geodis, FedEx will continue to enhance its network, coverage and capacity in Franceand in Europefor all its customers.
FedEx Corporate Overview
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $32 billion, the company offers integrated business applications 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 260,000 employees and contractors to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit fedex.com.
About FedEx Express
FedEx Express is the world’s largest express transportation company, providing fast and reliable delivery to more than 220 countries and territories. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, usually in one to two business days with the delivery time guaranteed.
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