The US CEP and ogistics giant FedEx Express is expanding its activities in Spain and has opened a new branch in Barcelona. In tandem with the state-owned Spanish airport operator Clasa (Centros Logisticos Aeroportunarios SA), FedEx has signed an agreement on the purchase and construction of a logistics platform in the freight terminal at Barcelonas international El Prat airport. Costing EUR 2 million, the new building will have a working area of 3,800 sqm.
Read MoreExpress, a subsidiary of FedEx Corp has expanded its US Express Freight Services to include Saturday delivery for FedEx 1Day(R) Freight, FedEx 2Day(R) Freight and FedEx International Priority(R) Freight shipments to several U.S. metropolitan markets. “By extending the same reliable Express Freight service to Saturday, shippers now have more time-definite delivery options for their high-value freight shipments,” said Dan Mullally, senior vice president of sales for FedEx Services. “This new expanded service reflects our ongoing commitment to help shippers reduce costs and achieve faster inventory turns.”
Read MoreAvnet Inc. has chosen FedEx to handle the bulk of its domestic and international shipments of electronic components, embedded systems and computing products to Avnet’s industrial customers in 68 countries. FedEx Express will handle domestic and international express deliveries, while FedEx Ground will handle domestic ground deliveries.
Read MoreFedEx Corp. is raising its rates for air and ground shipments, effective Jan 5.
FedEx Express, the company’s cargo carrier, will boost rates an average of 2.5 percent for domestic and foreign shipments, the Memphis-based package delivery company announced. FedEx Ground domestic rates will increase an average of 1.9 percent. The move follows a similar announcement last month from UPS, FedEx’s chief rival.
Read MoreFedEx Express on Tuesday launched its first direct flight from the Chinese city of Shenzhen to its hub in Anchorage, Alaska. FedEx has been serving Shenzhen for several years via Japan and its Asian hub at Subic Bay in the Philippines.
The new MD-11 service, operating five days a week, provides customers in South China with 10:30 a.m. next-day delivery to North America, FedEx said. “With nearly 40 percent of all foreign direct investment flowing into China earmarked for the Pearl River Delta, the region has clearly become the primary driver of China’s booming economy,” said David L. Cunningham Jr., president of the Asia Pacific Division of FedEx Express, the largest operating unit of FedEx Corp.
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