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VOL. 133 | NO. 12 | Tuesday, January 16, 2018

FedEx Realigns Specialty Companies Under Trade Networks

By Patrick Lantrip

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FedEx will realign its specialty logistics and e-commerce solutions under FedEx Trade Networks Inc.

 (Daily News File/Andrew J. Breig)

FedEx Corp. has announced that effective March 1, the company will realign its specialty logistics and e-commerce solutions under FedEx Trade Networks Inc. and FTN CEO Richard W. Smith.

“Richard brings a strong background in working with the unique capabilities that have existed in many parts of the FedEx portfolio for several years and is well suited to lead this new organization that will bring these solutions to customers more seamlessly than ever,” David J. Bronczek, FedEx’s president and chief operating officer said in a release announcing the shift.

The elements of the new organization will include FedEx Custom Critical, FedEx Cross Border, FedEx Supply Chain, FedEx Trade Networks Transport & Brokerage, and a new company called FedEx Forward Depots

“This realignment under FedEx Trade Networks will allow us to offer customers the full power of our wide array of unique and competitively advantaged customized services in a way that is even more convenient and intuitive,” Smith said.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 92 345 2,680
MORTGAGES 74 340 3,234
FORECLOSURE NOTICES 33 78 555
BUILDING PERMITS 188 810 5,813
BANKRUPTCIES 41 234 2,013
BUSINESS LICENSES 25 116 1,012
UTILITY CONNECTIONS 33 129 1,141
MARRIAGE LICENSES 14 66 409

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