LONDON: Shipping company FedEx is in early stage talks with agencies after putting its UK and Ireland PR work up for review.
The process, understood to be at the RFP stage, covers both corporate and press-office work. It will involve incumbent Spider PR, which won the brief from Ketchum in 2011.
A PR source said that FedEx, which bought UK courier company ANC in 2006, may be about to face stronger competition in the UK.
Referencing the UK government's sale of Royal Mail last autumn for £3.3 billion (more than $5 billion), the source said, "There is likely to be a lot of corporate money going in there, which would be a threat for FedEx."
"FedEx regularly reviews the relationships it has with external PR agencies and is currently holding such a review with the aim of appointing a UK and Ireland PR agency," a spokeswoman for FedEx said. "At present, we are at the initial discussion stage with a number of agencies and are not able to provide any further information."
FedEx delivers in more than 220 countries. It had global revenue of $11.4 billion in the second fiscal quarter that ended November 30, up about 2.7% year-over-year.
FedEx Express was recently voted the strongest of transportation and logistics brands in the Superbrands survey and 14th in the business category of the survey.
This story originally appeared on the website of PRWeek UK.