( BW)(TN-FEDEX-FREIGHT)(FDX) FedEx Freight Launches European Service
Business Editors
MEMPHIS, Tenn.--(BUSINESS WIRE)--Nov. 21, 2002--FedEx Freight, in
cooperation with FedEx Trade Networks, will now offer
less-than-container-load (LCL) service to and from Europe, via FedEx
Trade Networks Ocean Transport Service.
FedEx Freight, a leading provider of regional less-than-truckload
(LTL) service in the U.S., and FedEx Trade Networks, a provider of
customs clearance, international freight forwarding and trade
facilitation solutions, are both subsidiaries of FedEx Corp.
(NYSE:FDX). This service is also supported by Koninklijke Frans Maas
Groep N. V. (Frans Maas), a leading provider of international freight
forwarding and logistics services.
"This service offers a unique value to the marketplace. It is
fast, reliable and easy to use. Customers no longer have to call
multiple providers to handle a single shipment to Europe. Their needs
are met by a single FedEx source," said Dennie Carey, senior vice
president of marketing for FedEx Freight. "We have leveraged our
relationship with our sister company, FedEx Trade Networks, to meet
the increasingly global needs of our customers."
This service is door-to-door or door-to-port with one invoice and
a single source of accountability for shipment control. The U. S.
inland ground service will be provided by FedEx Freight. The ocean
portion of the move will be handled by FedEx Trade Networks, acting as
Federal Maritime Commission Licensed Ocean Transportation Intermediary
(OTI), formerly known as a Non-Vessel Operating Common Carrier
(NVOCC). Frans Maas will handle the European ocean coordination and
ground transportation.
Customers can call a toll-free number (866-393-4685) for rate
quotes, tracking, proof of delivery and assistance with documentation.
"Rapid transit is one of the key differentiators of this service.
FedEx Freight specializes in next-day and second-day delivery in the
U. S. FedEx Trade Networks utilizes multiple sailing schedules to get
the freight moving as quickly as possible to or from Europe. And,
Frans Maas provides comprehensive coverage at ocean ports and has
service locations throughout Western and Eastern Europe. It is a
seamless, convenient service," said Ed Alderman, FedEx Freight
director of international development.
FedEx Freight's European service will be implemented on a
phased-in approach, beginning with the Atlanta service area. States
served through Atlanta include Alabama, Florida, Georgia, Mississippi,
North Carolina, South Carolina and Tennessee. Service in the Midwest
is scheduled to begin in mid-December. Service in the Northeast and
Southwest is set to start in mid-February. The service will be
expanded to locations in the West in mid-March.
About FedEx Freight
As a member of the FedEx Corp. family of companies, FedEx Freight
is the $2 billion leading provider of next-day and second-day regional
LTL freight services. With corporate offices in Memphis, Tenn., FedEx
Freight is composed of two operating companies, FedEx Freight East and
FedEx Freight West, both known for exceptional service, reliability
and on-time performance. Through a comprehensive network of service
centers and advanced information systems, the two companies provide
service to virtually all U.S. zip codes, including Alaska and Hawaii,
plus Puerto Rico. Internationally, they provide service to North,
Central and South America, the Caribbean and Europe. More information
about FedEx Freight East, based in Harrison, Ark., and about FedEx
Freight West, based in San Jose, Calif., can be found at
www.fedexfreight.fedex.com.
About FedEx Trade Networks
FedEx Trade Networks, headquartered in Memphis, Tenn., is a
provider of customs brokerage, international freight forwarding,
consulting, information technology, and trade facilitation solutions.
Its operating companies are FedEx Trade Networks Transport &
Brokerage, Inc., one of the largest customs brokers in North America
and an international freight forwarder; Caribbean Transportation
Services, the leading provider of airfreight forwarding services
between the United States, Puerto Rico and the Dominican Republic; and
FedEx Trade Networks Trade Services, Inc., which provides duty and tax
data services through Worldtariff, international consulting services,
and an integrated international shipping resource known as Global
Trade Tools sm. More information about FedEx Trade Networks can be
found at www.tnb.fedex.com.
About FedEx Corp.
With annual revenues of $21 billion, FedEx Corp. is the premier
global provider of transportation, e-commerce and supply chain
management services. The company offers integrated business solutions
through a network of subsidiaries operating independently, including:
FedEx Express, the world's largest express transportation company;
FedEx Ground, North America's second largest provider of small-package
ground delivery service; FedEx Freight, the largest U.S. provider of
regional less-than-truckload freight services; FedEx Custom Critical,
North America's largest provider of expedited time-critical shipments;
and FedEx Trade Networks, a provider of customs clearance,
international freight forwarding and trade facilitation.
NOTE TO EDITORS: Press releases and additional information about
FedEx Corp. and its operating companies can be found on the World Wide
Web at http://www.fedex.com.
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CONTACT: FedEx Freight
Debra Phillips, 901/395-2842
debra.phillips@fedex.com
KEYWORD: TENNESSEE INTERNATIONAL EUROPE
INDUSTRY KEYWORD: TRANSPORTATION
SOURCE: FedEx Freight
