FedEx opens 100 stations in 30 months
FedEx Express has reached a significant milestone in its European growth programme – which has involved business expansion and acquisitions and started in October 2011 – by opening its 100th new station in Seville, southern Spain. Reaching this milestone means that FedEx opened the equivalent of nearly one new station per week over the last 30 months. 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.
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.”
Binks continued: “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.”
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 (Eurostat).
