News / Finalising TNT integration means FedEx 'can now compete in Europe'

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The completion of the integration of TNT this spring was “a truly capstone moment” for FedEx in Europe, where it has traditionally lagged behind major rivals DHL and UPS, according to a senior executive.

At an Investor Day last week, when FedEx unveiled its ’Deliver Today, Innovate for Tomorrow’ strategy, Karen Reddington, president, FedEx Express Europe, said 50% of global express trade revenue touched Europe and highlighted FedEx’s position in the region before its €4.4bn acquisition of TNT announced in 2016.

“Fundamentally, we weren’t ...