Quad Sells Parcel Direct to FedEx

"In six years, we have grown Parcel Direct from a tiny upstart into a leading parcel expeditor and now we are pleased that a premier company like FedEx will build on our record growth," notes Thomas Quadracci, Quad/Graphics president and CEO. "Our companies share similar business values, especially our commitment to customer and employee care. We have full confidence in FedEx as a growth-oriented business and top-level employer."