FedEx Innovation Lab invests in Floship

FedEx and Floship, a leading global circular supply chain solutions provider for e-commerce brands, announced a partnership designed to provide enhanced fulfilment and logistics services to e-tailers worldwide. Through investment by the FedEx Innovation Lab (FIL), the partnership will create an end-to-end digitised fulfilment and return solution, enhancing operational efficiency through optimal inventory management and best-in-class delivery using FedEx services, says an official release. "This partnership will give FedEx's e-commerce customers access to Floship’s global network of warehouses and powerful logistics platform’s capabilities to streamline their e-commerce fulfilment operations. At the same time, Floship’s customers will be able to leverage FedEx global networks as well as a full range of FedEx extensive transportation options to optimise their operations. Additionally, FedEx’s and Floship’s cross-border e-commerce customers in Asia-Pacific, Middle East and Africa, Europe, and North America will gain access to enhanced fulfilment, last-mile delivery, as well as hassle-free returns."