In September 2004, FedEx Corp. acquired Parcel Direct, a leading parcel consolidator, and later rebranded it FedEx SmartPost. The acquisition complements the FedEx alliance with the U.S.
Postal Service and provides customers in the e-tail and catalog segments with a proven, cost-effective solution for low-weight, less time-sensitive residential shipments.In September 2004, FedEx Corp. acquired...