SC247    Topics     News

Global logistics: FedEx Trade Networks forms strategic alliance with Fritz Companies Israel


As part of its ongoing global expansion, FedEx subsidiary FedEx Trade Networks, the company’s global trade arm, said it has chosen international freight forwarder Fritz Companies Israel as its sole Regional Service Provider (RSP) in Israel. Company officials said this partnership will provide shippers with expanded international ocean and air freight forwarding services.

Fritz Companies Israel has more than 400 employees located at distribution facilities throughout Israel. And it has significant air and ocean volumes between Israel and various locations where FedEx Trade Networks operate globally with its company-owned offices and other RSPs, according to FedEx.

“Our new strategic alliance with Fritz Companies Israel will allow us to extend [our] services into the Israel market as well,” said Trisha Beeman, FedEx Trade Networks spokesperson.

“As we continue to build our global infrastructure by opening FedEx Trade Networks-owned offices, we are also establishing strategic alliances with RSPs who support our ocean and air programs for specific countries in which we do not operate directly. Over the last 20 years Fritz Companies Israel has established itself as a leader in the Israel freight forwarding market and the company has the local expertise, infrastructure and capabilities we look for in our RSPs.”

Beeman said that strategic alliances like this one add to FedEx Trade Networks’ global presence by helping provide supply chain solutions for its rapidly expanding customer base. And she added that building the strategic alliance with Fritz Companies Israel demonstrates that both companies are listening to customers who have indicated that they prefer a provider that has global reach, high service reliability, is innovative and who offers real customer supply chain solutions in the regions in which they trade.

Over the past two years, FedEx Trade Networks has opened 26 company-owned offices throughout Europe, the Middle East, Africa, Asia, and Latin America as part of its global expansion plan. This announcement marks its first strategic alliance in Israel.

In terms of the benefits that this strategic alliance will bring for shippers, Beeman said that it is a mutually beneficial relationship that will give current and new customers of Fritz Companies Israel access to the global reach and strength of the FedEx brand, and FedEx Trade Networks customers will gain unprecedented access to the Israel market.

“Through the alliance, both companies will offer expanded international ocean and air freight forwarding services, further solidifying their commitment to superior customer service in Israel and around the world,” said Beeman. “[Shippers] will benefit from increased local market presence, providing improved freight forwarding service offerings productivity and end-to-end support; direct access to local personnel with industry experience and local expertise; expanded regional access to services; seamless support across other FedEx operating companies and enhanced access to the FedEx global network; and access to the FedEx global network.”


Article Topics


About the Author

Michael Levans's avatar
Michael Levans
Michael Levans is Group Editorial Director of Peerless Media’s Supply Chain Group of publications and websites including Logistics Management, Supply Chain Management Review, Modern Materials Handling, and Material Handling Product News. He’s a 23-year publishing veteran who started out at the Pittsburgh Press as a business reporter and has spent the last 17 years in the business-to-business press. He's been covering the logistics and supply chain markets for the past seven years.
Follow Logistics Management on FaceBook

Latest News & Resources





 

Featured Downloads

GEP Procurement & Supply Chain Tech Trends Report 2024
GEP Procurement & Supply Chain Tech Trends Report 2024
We’ve researched the five biggest trends in the supply chain space this year, and, drawing on our expertise in procurement and...
Unified Control System - Intelligent Warehouse Orchestration
Unified Control System - Intelligent Warehouse Orchestration
Download this whitepaper to learn Unified Control System (UCS), designed to orchestrate automated and human workflows across the warehouse, enabling automation technologies...

An Inside Look at Dropshipping
An Inside Look at Dropshipping
Korber Supply Chain’s introduction to the world of dropshipping. While dropshipping is not for every retailer or distributor, it does provide...
C3 Solutions Major Trends for Yard and Dock Management in 2024
C3 Solutions Major Trends for Yard and Dock Management in 2024
What trends you should be focusing on in 2024 depends on how far you are on your yard and dock management journey. This...
Packsize on Demand Packing Solution for Furniture and Cabinetry Manufacturers
Packsize on Demand Packing Solution for Furniture and Cabinetry Manufacturers
In this industry guide, we’ll share some of the challenges manufacturers face and how a Right-Sized Packaging On Demand® solution can...