{"id":7625,"date":"2021-12-09T10:33:38","date_gmt":"2021-12-09T05:03:38","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-fedex-delhivery\/"},"modified":"2021-12-09T17:20:48","modified_gmt":"2021-12-09T11:50:48","slug":"biz-fedex-delhivery","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-fedex-delhivery\/","title":{"rendered":"FedEx Express-Delhivery strategic alliance becomes operational"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-229706969\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p><span style=\"font-weight: 400;\">US-based FedEx Express on Thursday said that its strategic alliance with domestic logistics firm Delhivery, signed in July this year, has become operational.<\/span><\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3459268684\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p><span style=\"font-weight: 400;\">FedEx Express is an American multinational conglomerate holding company that focuses on transportation, e-commerce and business services. It is the subsidiary of FedEx Corp.<\/span><\/p><p><span style=\"font-weight: 400;\">Delhivery is an Indian logistics and e-commerce supply chain company. The Gurgaon-based company has approximately 85 packing warehouses and 24 automated sort centres among others.<\/span><\/p><p><span style=\"font-weight: 400;\">The FedEx Express strategic alliance transaction has taken effect following satisfaction of closing conditions including regulatory approval from the Competition Commission of India, the subsidiary of FedEx Corp said in a statement.<\/span><\/p><div class=\"trade-content_5\" id=\"trade-2923740991\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p><span style=\"font-weight: 400;\">Following the completion of the deal, Don Colleran, President and CEO, of FedEx Express will be nominated to the Delhivery Board of Directors, further strengthening the close working relationship between the two companies, it said.<\/span><\/p><p><span style=\"font-weight: 400;\">With this transaction, FedEx Express brings decades of experience as a global leader in logistics together with Delhivery\u2019s Indian footprint and technology solutions, Colleran said.<\/span><\/p><p><span style=\"font-weight: 400;\">FedEx Express said this transaction combines the FedEx global network with Delhivery\u2019s extensive pan-India network and technology solutions to bring the best of both worlds together.<\/span><\/p><p><span style=\"font-weight: 400;\">The investment and the commercial agreement between the two companies will deepen the FedEx commitment to the Indian market and signal a significant step in providing innovative services and solutions that aim to improve speed, efficiency, and access for FedEx and Delhivery customers, to unlock India\u2019s international trade potential, the company stated.<\/span><\/p><p><span style=\"font-weight: 400;\">\u201cIndia is a strategic priority for FedEx. We are excited about our long-term vision to grow our business in India, and our continued role to serve customers seeking to expand in or enter the Indian market\u201d said Colleran.<\/span><\/p><p><span style=\"font-weight: 400;\">Welcoming Colleran to its board, Sahil Barua, Chief Executive Officer, Delhivery, said \u201cThis strategic alliance will enable Delhivery to leverage synergies created between Delhivery\u2019s capabilities in India and the FedEx global network to bring new products and opportunities to both Indian and global businesses and consumers.<\/span><\/p><div class=\"trade-content-10\" id=\"trade-3342700987\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p><span style=\"font-weight: 400;\">Delhivery has filed its draft papers with markets regulator Securities and Exchange Board of India (SEBI) earlier in November, as it is set to raise \u20b97,460 crores through an <a href=\"https:\/\/tradebrains.in\/ipo\/\">initial public offering<\/a> (IPO). The company recently acquired a California-based platform for unmanned aerial system platforms, Transition Robotics Inc. (TRI).<\/span><\/p><div class=\"trade-after-content\" id=\"trade-3880647175\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>US-based FedEx Express on Thursday said that its strategic alliance with domestic logistics firm Delhivery, signed in July this year, has become operational. FedEx Express is an American multinational conglomerate holding company that focuses on transportation, e-commerce and business services. It is the subsidiary of FedEx Corp. Delhivery is an Indian logistics and e-commerce supply [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":7742,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,1513,31],"tags":[1820,1823,1822,1821],"class_list":["post-7625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-action","category-editor-pick","category-news","tag-fedex-express","tag-fedex-express-international","tag-fedex-express-overnight","tag-fedex-india"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FedEx Express-Delhivery strategic alliance becomes operational<\/title>\n<meta name=\"description\" content=\"US-based FedEx Express on Thursday said that its strategic alliance with 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