FedEx: Hey, We Can Buy Something in Europe Too

Discussion in 'The Latest FedEx Headlines' started by cheryl, Apr 5, 2012.

  1. cheryl

    cheryl I started this. Staff Member

    FedEx: Hey, We Can Buy Something in Europe Too - Wall Street Journal

    In the release, Frederick Smith, chairman and CEO of FedEx, makes it quite clear Europe is going to be a battle ground:

    “Our presence in Europe is backed by strong leadership and management and dedicated team members. We have an excellent strategy that has steadily advanced our position in the region, and we are well positioned for profitable growth as we increase the number of direct-served locations in Europe.”

    Then the company goes through its history in Europe and Poland including when it bought operations and opened posts. That is a lot of content in a news release about a rather small acquisition without any financial numbers.