The M&A window of opportunity is wide open
The bigger the better, on merit
Photo: © Patrick Ashley
FedEx is to consolidate its Express and Ground networks next year into a single unit running a fully integrated air-ground network.
The transition will also bring in other business units, like FedEx Services into the new Federal Express Corp, while FedEx Freight, the integrator’s LTL arm, will continue as a standalone company.
“This organisational evolution reflects how we represent ourselves in the marketplace – focused on flexibility, efficiency and intelligence,” said FedEx president and CEO Raj Subramaniam.
The move should also strengthen management efforts ...
Comment on this article