xpedx and Geodis forge new strategic alliance
xpedx and Geodis, two major providers of third party logistics services, today announced they have formed a global strategic alliance that enables both companies to expand their service and geographic reach for customers worldwide.
xpedx and GEODIS provide a complete range of supply chain management services to some of the world’s largest industrial companies, manufacturers and retailers. The new alliance will offer the full range of logistics services including air, sea, multi-modal transport, asset and inventory management, reverse logistics, demand planning and web-based custom reporting, which provides detailed information on all aspects of a customer’s supply chain.
The alliance enables the two companies to better serve and support their customers’ needs for logistics services across North America, Europe, the Middle East, Africa, Asia and South America.
“Thanks to the Geodis network, this alliance allows xpedx to serve its customers wherever they have operations or local logistics needs,” said Dan Watkoske, Vice President of Sales for xpedx. “We will provide Geodis comprehensive geographical coverage and extended logistics service for their customers throughout the U.S. They, in turn, will provide the same for our customers with operations outside the U.S.”
“This alliance complements our recent acquisition of TNT Freight Management now re-branded to Geodis Wilson where we have a number of freight forwarding activities in the U.S. The Geodis Group is now able to extend its global offer all over the U.S.,” said Jean Louis Demeulenaere, Executive Vice President of Strategy and Development for Geodis. “As well, we are happy to extend our relationship with xpedx giving them the opportunity to propose to their clients an offer on a worldwide basis.”
About xpedx
xpedx, a business of International Paper (NYSE: IP), is one of the largest business-to-business distributors in North America and a fast-growing provider of third party logistics services to large and mid-size companies. xpedx helps its customers strengthen their balance sheets, realize up to double-digit annual cost savings and take many routine transactions out of their supply chains.
xpedx Supply Chain Services provides the full scope of end-to-end logistics and distribution services: asset management, business integration, order management, warehousing and distribution, transportation management, reverse logistics, ocean freight services, customs brokerage, supplier relationship management and performance measurement. It provides a custom mix of delivery type—mode and carrier—along with proven inventory management expertise, state-of-the-art IT systems, real-time reporting tools, VMI and customization/sub-assembly.
Customers of xpedx Supply Chain Services include global and major North American transport companies, manufacturers and retailers. xpedx posted more than US$6.7 billion (euro 5 billion) in 2006 revenues and has a large e-commerce system anchored by xpedx.com. Across the U.S., Mexico and Canada, xpedx has more than 260 locations, 1,200 trucks and 7,600 employees.
About Geodis
As a global logistics provider, Geodis is a European group with a worldwide scope, ranking among the top four companies in its field in Europe. The Group's ability to coordinate all or part of the supply chain (transportation and distribution services, contract logistics, air and sea freight forwarding, transport of part and full truck loads, reverse logistics) enables it to support its customers in their strategic, geographical and technological developments, providing them with solutions tailored to optimising their physical and information flows.
Geodis offers a full range of logistics services that meet the specific needs of each sector of the economy.
Across a network covering 120 countries, the Group’s 26,000 employees bring a wealth of multicultural experience, a real proximity to their customers and great flexibility.
Geodis posted nearly euro 3.8 billion in net sales in 2006. It is listed on Euronext Paris (Eurolist compartment B).
Gilles Barbier
Geodis, Press relations Director
Tel : +33 1 56 76 27 03 / +33 6 08 55 48 96
[email protected]
www.geodis.com
Jeff Neely
xpedx Supply Chain Services, Director of Sales
Tel : +1 888 234 6323
www.xpedx.com/scs
Erik Godchaux
Media Strategy Group, Press/Analysts
Tel : + 1 608 256 4540
