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2002 Press Releases
Cites Superior Reliability, Global Coverage, Tracking and Information Systems
MEMPHIS, Tenn., Nov. 18, 2002 - Agere Systems (NYSE: AGR.A, AGR.B), a premier provider of integrated circuit solutions that access, move and store information, has selected FedEx Express, the world's largest express transportation company and an operating company of FedEx Corp. (NYSE: FDX), as its primary carrier for worldwide express shipments.
In the Asia Pacific region, FedEx Express will transport Agere Systems' international express shipments worldwide, including shipments within Asia via the FedEx AsiaOne network and from Asia to Europe on its newly-enhanced transcontinental flights.
"More than any other semiconductor provider, we are focused on providing the highest level of service-centered operations to our customers," said Sean Ellis, Agere's director of Global Logistics and Compliance. "FedEx Express offered concise solutions that were responsive to our needs, including outstanding reliability, favorable transit times, superior package tracking and information systems and vast geographic coverage. FedEx will be crucial in our ongoing efforts to improve delivery performance for our customers."
The FedEx Express solutions Agere will be using include: - FedEx EC-Ship, which integrates FedEx shipping solutions with Agere Systems' existing electronic ordering system. This FedEx solution allows customers to track orders and get shipping rates, documents and labels without leaving the Agere Web site.
- FedEx InSight®, which proactively tracks inbound, outbound and third-party shipments to provide precise status summaries on multi-package shipments in a single report. It also helps pinpoint customs delays and suggests actions to expedite deliveries.
"Our agreement with Agere once again demonstrates our ability to use our technological leadership to put together a complete, customized, one-stop express transportation solution that will ensure that Agere enhances their competitive edge," said David L. Cunningham, Jr., president of FedEx Asia Pacific.
"Agere's selection of FedEx as its door-to-door shipper reinforces our expertise in business-to-business supply chain management, made possible by our reliability, technology and worldwide reach," said Cunningham. "As Asia becomes more integral in the supply chain for global companies like Agere, we are seeing an increasing trend toward more time-definite shipments of small packages. Our recently added capacity to Europe and continued innovations to our intra-Asian network will provide Agere with the ability to serve its customers more efficiently and effectively."
About FedEx
With annual revenues of $21 billion, FedEx Corp. is the premier global provider of transportation, e-commerce and supply chain management services. The company offers integrated business solutions through a network of subsidiaries operating independently, including: FedEx Express, the world's largest express transportation company; FedEx Ground, North America's second-largest provider of small-package ground delivery service; FedEx Freight, the largest U.S. provider of regional less-than-truckload freight services; FedEx Custom Critical, North America's largest provider of expedited time-critical shipments; and FedEx Trade Networks, a provider of customs clearance, international freight forwarding and trade facilitation.
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