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TheStreet Open House

FedEx And Cardinal Health Form Strategic Alliance To Offer Premier Healthcare 3PL Solutions

FedEx Corp. (NYSE:FDX) and Cardinal Health (NYSE:CAH) announced today that they have formed a strategic alliance that will enable the companies to leverage their market-leading capabilities to provide 3PL solutions.

By combining the global transportation and logistics capabilities of FedEx with the healthcare expertise and specialized facilities of Cardinal Health, both companies can create tailor-made supply chain solutions for the healthcare industry. In addition to providing access to more than 40 warehouses and distribution facilities across the United States, the FedEx-Cardinal Health strategic alliance offers customers a variety of benefits, including:

  • Access to extensive global transportation networks, including the world’s largest cargo airline
  • Delivery options that include direct-to-patient services and delivery to specific departments in the hospital
  • Significant regulatory experience in the healthcare industry
  • Access to facilities throughout the world – many located near hospitals, business centers and other strategic locations
  • A single point of contact for supply chain and transportation needs
  • Inventory and transportation visibility across the networks

“FedEx and Cardinal Health are collaborating to stay in front of our customers’ needs and exceed their expectations,” said Carl Asmus, vice president, Supply Chain Solutions & Market Development, FedEx Services. “Through this collaboration, customers will have access to deploy their inventory at over 40 distribution points across the country, access to two proven networks that reach every U.S. ZIP code, and end-to-end inventory and transportation visibility.”

“The healthcare market is undergoing unprecedented changes, demanding more from an organization’s supply chain,” said Rob Doone, vice president of Integrated Logistics Services at Cardinal Health. “The combination of our healthcare expertise and 3PL capabilities with the global transportation, information systems and logistics capabilities of FedEx will bring new possibilities for healthcare manufacturers, care providers and patients.”

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