SCD: UPS, FedEx fuel surcharge hikes to heat up delivery prices
SUPPLY CHAIN DIVE reports: FedEx and UPS’ index-based fuel surcharges are adjusted weekly based on prices ...
MADRID, October 10, 2017—FedEx Express, the world’s largest express transportation company and a subsidiary of FedEx Corp. (NYSE: FDX), has opened a new ground operations centre in Barcelona. Thanks to its size, capacity and strategic location in the city’s Zona Franca, the facility will process both domestic and international shipments, serving as a gateway between the Barcelona region and Europe.
FedEx Express is creating Europe’s leading logistics network through strategic investments, and Spain plays a key role in this expansion process. Following FedEx’s acquisition of TNT last year, FedEx Express is adding a significant European ground network to its air network already operating in Europe and worldwide, providing more opportunities for customers to reach even more destinations, faster.
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