FedEx enhances European road and air networks
FedEx is making infrastructure investments at key locations in Europe, while also consolidating operations across the continent for greater efficiency.
FedEx Corp. said it has completed projects that improve freight flows through its European road and air networks as the integrated logistics giant implements broader plans to improve profitability in its European division.
The company on Monday announced the opening of a new road hub in Alzenau, Germany, to support the movement of freight and bulk shipments across the country and Europe, just in time for the busy peak shipping season. The 166,840-square foot facility features 32 loading bays, trailer parking for 50 vehicles and will create about 85 jobs.
The FedEx (NYSE: FDX) terminal is located in an existing building and is equipped with state-of-the-art sorting and handling technology for processing freight, oversize boxes and parcels that are routed on a conveyor system.
“By enhancing our road network, we are creating greater connectivity, flexibility, and reliability for businesses. This investment strengthens our ability to help customers access new opportunities and grow their businesses, said Boris Stoffer, managing director network operations Germany at FedEx, in a news release on Monday.
This story was originally published by FreightWaves. Read the full story at FreightWaves →
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