FedEx Expands International Economy Service to Europe to Help APAC Businesses Capture More Global Opportunities
HONG KONG, October 10, 2019—FedEx Express, a subsidiary of FedEx Corp (NYSE: FDX) and the world’s largest express transportation company, helps Asia Pacific businesses reach their global customers with FedEx International Economy® services, delivering competitive delivery times and dependability. In addition to its existing routes from major Asia Pacific markets, effective immediately, FedEx expands the destinations of International Economy service to cover Bulgaria, Malta and Cyprus, and International Economy Freight service to Romania and Estonia, opening up 68 more lanes from Asia Pacific to Europe.
FedEx International Economy service is an affordable, cross-border, customs-cleared, door-to-door service with competitive delivery dates. The service allows customers to save on less time-sensitive deliveries without sacrificing reliability. The FedEx International Economy service is ideal for small to medium-sized enterprises (SMEs) that are more thoughtful about the cost of running their businesses. They reap the benefits of the strong, global FedEx network paired with the company’s reliable services at a competitive price for non-urgent shipments.
Across the region, more SMEs are expanding their global footprint under a thriving digital economy. Yet they are also facing increasing challenges in exporting and importing. Specifically, SMEs have reported that they are looking for alternate shipping options including slower, deferred shipments, in addition to express shipments.
“Asia and Europe are now leading trade partners, with US$1.5 trillion of annual merchandise trade. The expansion of FedEx International Economy service destinations in Europe helps Asia Pacific small- and medium-sized businesses who trade with Europe better capture global opportunities,” said Karen Reddington, president, Asia Pacific, FedEx Express. “With FedEx International Economy service, SMEs are able to reliably and affordably reach their global customers. We are helping to build borderless businesses and create endless possibilities.”
Learn more about the FedEx International Economy service and how FedEx provides seamless solutions that create endless possibilities at www.fedex.com/en-hk/shipping.html#economyservices.
About FedEx Express
FedEx Express is the world’s largest express transportation company, providing fast and reliable delivery to more than 220 countries and territories. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, by a definite time and date supported by a money-back guarantee.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $70 billion, the company offers integrated business solutions through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 450,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. To learn more about how FedEx connects people and possibilities around the world, please visit about.fedex.com.
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