FedEx Trade Networks Opens In Glasgow to Support Global Growth

GLASGOW, August 16, 2012 — FedEx Trade Networks, the freight forwarding arm of global shipping giant FedEx Corp. (NYSE: FDX), announced today it has established new operations in Glasgow, Scotland as part of its ongoing expansion initiative. This is the third FedEx Trade Networks office to open in the United Kingdom and will offer customers amplified access to major global markets and the company’s comprehensive portfolio of freight forwarding solutions.

Strategically located close to the Glasgow (GLA) and Prestwick (PIK) airports, as well as Greenock and Grangemouth ocean terminals, Glasgow is an ideal location for the expert in international trade to launch operations. The addition of Glasgow to its existing freight forwarding offices in London and Manchester strengthens the company’s global capabilities with increased coverage in the UK.

“With the new operation in Glasgow, we can provide global shippers and businesses in the region with the local support they need,” said Fred Schardt, CEO and president of FedEx Trade Networks. “Glasgow is an important transport hub for the textile, automotive and technology sectors and its port structure and network of road and railways offer multiple import and export options. This new office will provide customers enhanced access to the whole of Europe and increase connectivity worldwide.”

Customers will benefit from the company’s wide range of customizable air and ocean freight forwarding solutions. FedEx Trade Networks specializes in a variety of multi-modal and value-added services to create end-to-end solutions for customers that can include air and ocean transport, customs brokerage, purchase order management with Global Order Logistics, surface transportation, warehousing and distribution. The flexible freight forwarding options enable customers to manage their supply chains efficiently while controlling their goods from origin to destination.

As part of the company’s global expansion initiative, which began in 2008, FedEx Trade Networks has opened a total of 51offices around the globe. Those locations include the United Kingdom (Manchester, London, Glasgow), The Netherlands (Amsterdam and Rotterdam), Belgium (Brussels and Antwerp), France (Paris, Lyon and Le Havre), Spain (Madrid and Barcelona), Italy (Milan and Bologna), Germany (Frankfurt, Hamburg and Munich), Poland (Gdynia and Warsaw), Hungary, the Czech Republic, Slovakia, Romania, South Africa, Turkey (Istanbul, Ankara and Izmir), the United Arab Emirates, India (Mumbai, Chennai and Delhi), the United States (Phoenix, Milwaukee, St. Louis), Mexico, Brazil, Singapore, Taiwan, Hong Kong and the Chinese cities of Shanghai, Beijing, Guangzhou, Shenzhen, Qingdao, Tianjin, Xiamen, Dalian, Ningbo, Chongqing and Chengdu. The company also has a representative office in Vietnam. FedEx Trade Networks now operates over 130 offices in 25 countries.

About FedEx Trade Networks
FedEx Trade Networks and its predecessor companies have more than 100 years of experience in international trade. The company's advanced technology and network of worldwide locations and alliances enables it to provide comprehensive ocean and air international freight forwarding, customs brokerage, Global Order Logistics, distribution and surface transportation, trade advisory services, and advanced e-commerce and trade facilitation solutions. FedEx Trade Networks has the resources and support to help customers of all sizes navigate the intricacies of shipping goods globally. For more information, visit ftn.fedex.com.

About FedEx
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $43 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 300,000 team members to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit news.fedex.com.
 

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