MEMPHIS, Tenn., February 5, 2025 – FedEx Corp. (NYSE: FDX) today announced that it has acquired RouteSmart Technologies, a global leader in route optimization solutions with over 40 years of expertise, providing mission-critical technology to newspaper, postal & parcel, public works, utilities & field service, and waste collection organizations worldwide. The combination of RouteSmart’s leading technology solutions with FedEx’s unparalleled physical and data networks will enable the world’s largest express transportation provider to further drive efficiency across its own global operations, while also strengthening the company’s suite of technology solutions.
“This is yet another step on our journey to make supply chains smarter for everyone as we revolutionize logistics,” said Raj Subramaniam, president and chief executive officer, FedEx Corporation. “Our physical network generates terabytes of data that contain invaluable insights about the global supply chain. Through this acquisition, we will use RouteSmart’s expertise and proven technology platform to accelerate the deployment of a common route optimization capability for FedEx operations that will enable our team members to work safer and smarter as they deliver superior service to our customers.”
The two companies expect a seamless integration as they build upon many years of collaboration. FedEx has been a long-standing customer of RouteSmart, using its Routing as a Service (RaaS) product in its ground operations for many years. RaaS serves as the backbone for the internal FedEx Route Optimization (FRO) tool, which the company is rolling out globally as part of its ongoing network transformation.
“We are excited to tighten our strategic relationship with FedEx as we further drive efficiency throughout FedEx’s global operations and accelerate our solutions for all clients we serve,” said Larry Levy, president, RouteSmart Technologies.
RouteSmart will continue to work with customers across a broad range of industries. Headquartered in Columbia, Maryland, RouteSmart will operate as a standalone entity under FedEx Dataworks, which is a direct subsidiary of Federal Express Corporation.
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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 revenue of $87 billion, the company offers integrated business solutions utilizing its flexible, efficient, and intelligent global network. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 500,000 employees to remain focused on safety, the highest ethical and professional standards, and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.
About RouteSmart Technologies
RouteSmart Technologies is a global leader in route optimization solutions with over 40 years of expertise, providing mission-critical technology to newspaper, postal & parcel, public works, utilities & field service, and waste collection organizations worldwide. Through its flagship Routing as a Service (RaaS) platform and operations research-driven approach, the company processes billions of addresses annually to optimize complex delivery and service operations. Headquartered in Columbia, Maryland, RouteSmart combines sophisticated algorithms with deep industry knowledge while its dedicated experts work as an extension of clients’ teams to ensure successful outcomes.