Mumbai, May 7, 2014 — FedEx Corp. (NYSE: FDX) announces the successful integration of its acquired AFL and UFL businesses in India. Since the acquisition in 2011, FedEx has focused on strengthening its domestic transportation and supply chain capabilities to meet the demands of Indian businesses. FedEx now offers end-to-end logistics solutions, including international and domestic air express services, domestic ground services, warehousing and supply chain management.
With the integration complete, FedEx has:
- Expanded its service coverage from 4,000 postal codes to over 19,000 in India
- Strengthened its ground transportation service: it now has a fleet of over 1,000 trucks connecting cities and towns across India, leading technology and competitive pricing
- Increased its office and hub space capacity from 300,000 to over a million square feet
- Added inventory management services via more than 900,000 square feet of warehousing space across the country
“In a little over a decade, India is expected to have as many as 18 mega-demand cities with a GDP surpassing $20 billion.[1] The internet is also propelling small towns such as Guntur in Andhra Pradesh or Choryasi in Gujarat, into the league of top rural hubs for eCommerce in India. This is why we have expanded our network to over 90% of India’s manufacturing GDP, thereby providing seamless access to Indian businesses with diverse logistics needs,” said David Canavan, vice president, Operations, FedEx Express India.
“Increasingly, the success of modern retail chains, hi-tech industries or booming eCommerce sites depends on the efficiencies and intelligence of their supply chain. Innovative services such as cash on delivery, repair-and-return, pick and pack and returns management are critical. Our successful integration places us in a formidable position to meet all of these logistics requirements.”
Now, customers using FedEx domestic ground services can also benefit from shipping applications that enable them to create waybills for single or multi-piece shipments. In addition, they can monitor incoming and outgoing packages, get status notifications and near real-time tracking. High volume businesses such as eCommerce are supported with robust web integration for faster processing.
Industries with complex supply chain requirements (particularly hi-tech, retail, medical equipment or consumer durables) will gain a competitive advantage by using FedEx domestic ground and supply chain services.
About FedEx Express
FedEx Express is the world’s largest express transportation company, providing fast and reliable delivery to more than 220 countries and territories. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, usually in one to two business days, with the delivery time guaranteed.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $45 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 300,000 team members to remain “absolutely, positively” focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit newsroom.fedex.com/newsroom.
[1] A.T. Kearney-Council of Supply Chain Management Professionals study: April 2014