FedEx chooses Geodis to perform pick up an delivery operations in France

As of January 1st, 2007, FedEx and Geodis will enter an operational agreement until 2010

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, signed an operational agreement for a 3 year period.

“Through this agreement Fedex acknowledges Geodis's position as the leading domestic express network in France and a supplier with a high level of service quality, as a result of our Total Customer Satisfaction policy. We will draw on our industrial resources, exclusive Track & trace system and our commitment to permanent innovation to manage these operations”, said Denis Zimmer, Senior Vice-president French regions at Geodis.

As of January 1st, 2007 Geodis will perform through its domestic Express groupage network pick-ups and deliveries for FedEx customers in designated areas in France, not directly served by FedEx. FedEx customers will benefit from Geodis’ quality of service and extensive ground infrastructure in those areas of France.

from CEP Research
FedEx selects Geodis as French partner

FedEx has chosen Geodis to pick up and distribute its parcels across France from January 2007 onwards. The contract, whose value was not disclosed, is a blow to the strategic alliance between FedEx and GeoPost, the La Poste express parcels subsidiary.

Geodis said in a statement that the three-year contract would enter force next January and run until 2010. The leading French transport group will perform through its domestic Express network pick-ups and deliveries for FedEx customers in designated areas in France, not directly served by FedEx. FedEx customers will benefit from Geodis’ quality of service and extensive ground infrastructure in those areas of France, Geodis noted.

Through its subsidiary Geodis Calberson, the French group operates a nationwide network for next-day delivery of parcels up to 30kg as well as heavier freight shipments. The premium “ Calexpress” service provides twice-daily deliveries (by 10:00 or by 12:00) across France using a network of 110 terminals, 300 collection points and over 3,000 drivers.

“Through this agreement Fedex acknowledges Geodis's position as the leading domestic express network in France and a supplier with a high level of service quality, as a result of our Total Customer Satisfaction policy. We will draw on our industrial resources, exclusive Track & trace system and our commitment to permanent innovation to manage these operations”, said Denis Zimmer, Senior Vice-president French regions at Geodis.

Jean-Marc Lacombe, FedEx director general operations for France, added: “Thanks to this new operational agreement, FedEx will significantly improve the cut-off collection times for all its clients, and will extend the coverage of deliveries by midday across France for its intercontinental customers. FedEx will offer easier and higher-performing access to the world’s fastest network to Asia and North America.”

FedEx France, with about 2,400 staff, operates out of the European air hub at Paris CDG airport and has several branch offices in Paris and regional cities.

In November 2003, FedEx and GeoPost renewed their previously existing cooperation agreement for a further ten years. Under this agreement, Chronopost International, the GeoPost express unit, provided distribution in France and Belgium for areas not served directly by FedEx. GeoPost companies gained access to the FedEx network for intercontinental express parcel transport.
Source: Geodis, CEP-Research

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