The e-commerce industry is changing and presenting new and innovative forms of online commerce for online retailers. Because global retail e-commerce is expected to exceed $6 trillion by 2021 each company would like to lead its niches. In the development of the whole industry web shops played an important role. As more and more entrepreneurs are finding their way on online shops, those platforms have developed new instruments to make e-commerce owners’ lives easier. FedEx Corp (NYSE: FDX), a leader in this field offers a broad range of transport, e-commerce, and commercial services to customers and companies throughout the world. The company provides integrated business solutions by collaborating operating companies under the respected FedEx brand with annual revenue of $69 billion. Consistently ranked one of the most recognizable and trusted employers in the world, FedEx encourages its over 450,000 team members to continue to focus on safety, ethical, professional and clients' needs.
FedEx Corp (NYSE: FDX) has recently announced the rebranding of FedEx Trade Networks as FedEx Logistics. The new name describes the ability of the company to meet the increasingly complex and industrially-specific supply chain, transport, value-added services and brokerage requirements of its customers. FedEx Logistics offers specialist solutions that provide FedEx customers worldwide with a simple, smooth and powerful global business experience.
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FedEx Logistics plays a vital role within the FedEx portfolio and links a comprehensive suite of specialty logistic solutions to 95 percent of the world's Gross Domestic Product (GDP). It provides air and sea freight transportation, supply chain solutions, transport, e-commerce technology services across borders, customs courier and trading management tools and information from a single trusted source.
“We’re adding tremendous value by bringing all of the specialty services we offer under the FedEx Logistics banner,” says, Richard W. Smith, president & CEO of FedEx Logistics.
From its global headquarters in Memphis, Tennis, Fed Ex Logistics will continue operations as before. The service offerings of the organization include air and ocean freight systems, commercial brokerage and facilitation, custom critical services, supply chains, e-commerce and compliance, and forward deposits and 3d printing.
Capacity includes air and ocean freight forwarding, tariff brokering, international trade conformity, storage, transport management, and reparative and returns services. Over 200 countries operate FedEx Logistics through the extensive global FedEx transportation network to provide customers with an end-to-end supply chain management source.