FedEx acquires P2P Mailing Limited, move increases global e-commerce portfolio

Taking steps to expand its global e-commerce presence, FedEx said this week it has acquired Laindon, United Kingdom-based P2P Mailing Limited, a global e-commerce transportation solutions provider.

By ·

Taking steps to expand its global e-commerce presence, FedEx said this week it has acquired Laindon, United Kingdom-based P2P Mailing Limited, a global e-commerce transportation solutions provider for $130 million USD ($92 million pounds).  FedEx said P2P will be a subsidiary of FedEx Cross Border, which is part of the FedEx Trade Networks operating company.

According to a FedEx statement, P2P’s main service offering is comprised of last-mile delivery options that leverage its relationships with private, postal, retail and clearance providers in more than 200 countries, as well as its technology and processes providing plug-and-play options with carrier networks and customer systems.

“The acquisition of P2P marks a significant expansion of the FedEx e-commerce portfolio,” a FedEx spokeswoman told LM. “P2P’s capabilities complement our offerings in the rapidly expanding e-commerce space, and we are excited to work together with them to provide innovative solutions for customers around the world.”

Bringing P2P into the fold will augment FedEx’s ability to continue to offer, a range of last-mile delivery solutions for its customers, the spokeswoman added, also noting that the acquisition of P2P marks a significant expansion of the FedEx e-commerce portfolio.

“Global e-commerce continues to grow at a rapid pace, and more and more merchants, marketplaces, e-commerce and social platforms are looking for innovative, cost-effective ways to get merchandise from distribution points in one country to customers in another,” said Carl W. Asmus, president and CEO, FedEx Cross Border, in a statement. “By adding P2P to the FedEx portfolio, we will be able to effectively serve even more elements of the e-commerce market


About the Author

Jeff Berman, Group News Editor
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Latest Whitepaper
How to Manage Increasing Labeling Demands
Download the report to learn best practices for managing those increasing label demands.
Download Today!
From the August 2019 Logistics Management Magazine
The staff of Logistics Management (LM) is honored to present the logistics and transportation community with the results of our 36th Annual Quest for Quality Survey
Ocean: Protecting margins in a soft market
Warehouse Voice Technology Speaks for Itself
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly newsletter!
Latest Webcast
Creating the ROI for Multi-Carrier Parcel Shipping Solutions
This webinar will reveal how manufacturers, retailers, and 3PLs can utilize their own data to identify and demonstrate ROI for multi-carrier parcel shipping by leveraging state-of-the art business intelligence to increase performance.
Register Today!
EDITORS' PICKS
36th Annual Quest for Quality Awards: Winners in the spotlight
Which carriers, third-party logistics (3PL) providers and U.S. ports have reached the pinnacle of...
State of Logistics in 2019: What’s next?
Tight capacity, high rates, rapid e-commerce growth and a booming economy fueled an 11.45% rise in...

Got labor? How supply chain companies are recruiting talent during a labor crunch
How are companies faring in the race to recruit and train high-level supply chain talent in a market...
35th Annual Salary Survey: Compensation matters more than ever
While job satisfaction remains the primary reason for today’s logistics managers to stay with one...
https://progressive.ua

https://citroen.niko.ua

start-sport.com.ua