FedEx Corp. (NYSE:FDX) has announced a data-driven E-commerce platform. The logistics goliath is calling it fdx.
What Happened: FedEx shared details about its novel platform on Sunday. This system is designed to meld all facets of the customer journey, making it easier for businesses to enhance demand, increase conversion, streamline fulfillment, and simplify returns.
“FedEx is transforming into a digitally-led business powered by our extensive physical transportation network, leveraging our scale and insights from moving 15 million packages per day,” stated FedEx Corp. President and CEO Raj Subramaniam.
The fdx platform is intended to provide comprehensive e-commerce solutions for businesses of all sizes on a single platform, a first for the logistics industry. By offering data and insights, it will enhance visibility and connected capabilities across the customer journey, thereby assisting merchants in making more strategic logistics decisions.