Fred Schardt, president and CEO of FedEx Trade Networks, said: "We look forward to serving our customers better through our alliance with Fritz Companies Israel. Their track record of exceptional customer service and longstanding knowledge of the Israeli market will allow us to continue offering the most flexible and reliable freight forwarding solutions in the industry."

Since 2008, FedEx Trade Networks has opened 26 company-owned offices throughout Europe, the Middle East, Africa, Asia and Latin America as a part of its ongoing global expansion plan. In countries where it does not operate directly, the company has formed alliances with select RSPs to support its ocean and airfreight forwarding programs.

Fritz Companies Israel, established in 1990, operates from seven locations across the country, including logistics centers in Caesarea and Kiryat Gat, and employs more than 400. The company has significant air and ocean volumes between Israel and many of the locations where FedEx Trade Networks operates globally with owned offices or other RSPs.

Assaf Shalev, general manager of Fritz Companies Israel, said the alliance with FedEx would be phased in over the next few months, with the process scheduled to complete later this year.