Federal Express Using NavTech Database with Strategic Direction; The Giant of Next-Day Delivery Plans to Save Time, Money and Increase Customer Service by Using NavTech Data to Plan Routes
SUNNYVALE, Calif.–(BUSINESS WIRE)–Jan. 22, 1997–Navigation Technologies Corporation (NavTech), the world’s leading builder and supplier of navigable map databases, announced today that Federal Express Corporation (FedEx) has licensed the NavTech(TM) Navigable Map Database for use in various applications, including Courier Route Planner and other geographic information systems (GIS) applications.
FedEx expects to improve efficiency in its operations using Courier Route Planner, based on the NavTech(TM) Database.
Courier Route Planner (CRP) provides routing feedback to approximately 28,000 FedEx couriers nationwide. The program, developed internally by FedEx, allows drivers, managers and dispatchers to see routes graphically mapped and analyze stop sequence information; thus enhancing the efficiency of the company’s pick-up and delivery operations. FedEx is integrating the NavTech(TM) Database into their next generation CRP to increase the quality of their application.
“NavTech’s address range accuracy and road restriction data is outstanding,” said Joe D. Hinson, Vice President of Global Operations Planning for FedEx. “FedEx provides time-definite delivery and therefore requires the highest quality, most up-to-date street map database available. I am very pleased with the relationship FedEx and NavTech have established.”
According to Matthew J. Bannick, President of Navigation Technologies North America, “NavTech will provide a valuable tool that will enable FedEx to improve efficiency of its operations. We are pleased with our relationship with FedEx and look forward to working with them.”
Federal Express is the world’s largest express transportation company providing fast and reliable services for more than 2.7 million items to 211 countries each working day. The company employs approximately 127,000 people and operates more than 560 aircraft, 38,000 vehicles and over 500,000 Powership(R) and FedEx Ship(TM) automated shipping systems in its integrated global network. Federal Express reported revenues of $10.3 billion for its fiscal year ending May 31, 1996.
NavTech is the premier builder and supplier of superior quality, continuously updated navigable map databases for both North America and Europe. The NavTech(TM) Navigable Map Database contains detailed information about roadways including turn restrictions, address ranges, road signage, and hundreds of thousands of points of interest such as restaurants, shopping centers and ATMs. Applications using the NavTech(TM) Database include automotive, Internet navigation products and fleet management systems. With headquarters in Sunnyvale, Calif. and Sulzbach, Germany, NavTech has more than 60 field offices and 800 employees worldwide.
CONTACT: Navigation Technologies, Sunnyvale
Mark Granovsky, 408/737-3200
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