FedEx, a subsidiary of FedEx Group (NYSE Code: FDX) and one of the world's largest express transportation companies, helps enterprises in the Asia-Pacific region provide competitive delivery time and reliable services to their global customers through its international economic express service. In addition to the existing routes from the main Asia-Pacific markets [1], FedEx immediately expanded its international economic express service destinations to Bulgaria, Malta and Cyprus, and extended the international economic express heavy cargo service to Romania and Estonia, opening 68 routes from the Asia-Pacific region to Europe.
The international economic express service is a cross-border door-to-door delivery service including customs clearance, which is not only reasonable in price, but also competitive in transportation time. This service enables customers to save costs and take into account reliability when delivering goods with low time sensitivity. FedEx international economic express service is an ideal choice for small and medium-sized enterprises that consider more operating costs. When enterprises transport non-emergency goods, they can benefit from FedEx's strong global network support and reliable services at a competitive price.
In the context of the booming digital economy, more and more small and medium-sized enterprises in the Asia-Pacific region are expanding their global businesses. However, they also face increasingly serious challenges in import and export. Specifically, SMEs are looking for different modes of transportation besides express delivery, including slower and delayed delivery services [2].
Hui Jialin, president of FedEx Asia-Pacific region, said: "Asia and Europe are now major trading partners, with an annual merchandise trade volume of 1.5 trillion US dollars [3] 。 FedEx's expansion of international economic express service destinations in Europe will help small and medium-sized enterprises in the Asia-Pacific region that trade with Europe to better grasp global opportunities. With FedEx's international economic express service, SMEs can connect with their global customers in a reliable and economical way. We are helping enterprises establish borderless businesses and create unlimited possibilities.