MEMPHIS, Tenn.--FedEx Corp., a worldwide provider of transportation, e-commerce, and business services, announced that beginning March 1, it will realign its specialty logistics and e-commerce solutions. Many of their customers that are considered specialty companies will be realigned in a new organizational structure under FedEx Trade Networks, Inc. (FTN).
The FTN will be led by Richard W. Smith, who claims that this realignment “will allow [FedEx] to offer customers the full power of [its] wide array of unique and competitively advantaged customized services in a way that is even more convenient and intuitive.”
The specific elements offered under this organization are: FedEx Custom Critical, FedEx Cross Border, FedEx Supply Chain, and FedEx Trade Networks Transport and Brokerage. A new company called FedEx Forward Depots is also being introduced and will be responsible for Critical Inventory and Service Parts Logistics, 3-D Printing, Repair Center, and the FedEx Packaging Lab.
David J. Bronczek, president and chief operating officer, FedEx Corporation is confident that Smith’s background in the numerous parts of the FedEx portfolio will allow him to achieve the goals of the realignment and “bring these solutions to customers more seamlessly than ever.”