FedEx: it sucks out there, forget inventory build-up
One positive: LTL spin-off…
FedEx Express is set to acquire Israeli fulfilment and warehouse operator Flying Cargo Group as a 30-year partnership agreement comes to an end.
FedEx Express Europe president Bert Nappier said: “Israel remains an important market for FedEx, and our strong reputation there is built on nearly 30 years with Flying Cargo,”
“This exciting acquisition leverages that relationship to offer customers an even broader portfolio of services with a seamless link to our unrivalled global network.”
FedEx Express began serving Israel through the international division ...
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