Digital transformation is another growth driver, but customs clearance seen as major hindrance to international trade Singapore, April 17, 2024—FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, today released findings from its latest research report conducted in partnership with Forbes Insights. The report aimed to identify key international growth trends for small and medium-sized enterprises (SMEs) in the Asia … [Read more...] about Southeast Asia emerges as top growth market for APAC region, according to new FedEx survey
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DHL Express introduces dedicated flight between Sydney and Hong Kong to cater to Oceania-North Asia trade demand
Operated by Tasman Cargo Airlines, the dedicated Boeing 777-200 flies five times a week, offering more than 500 tons of payload capacity The flight also further improves connectivity between Oceania and Asia through next-day delivery services to Mainland China, India, Japan, Korea, Malaysia, Taiwan, Thailand, Philippines, and Vietnam. DHL Express, the world’s leading international express service provider, has introduced a dedicated flight between Hong Kong and Sydney, Australia. This … [Read more...] about DHL Express introduces dedicated flight between Sydney and Hong Kong to cater to Oceania-North Asia trade demand
FedEx makes ‘historic’ cross-border delivery with electric vehicle
FedEx Express has set a record for successfully executing the first cross-border package delivery from Malaysia to Singapore with an electric vehicle. The attempt was recognised by the Malaysian Book of Records for ‘First Zero Emission Cross-Border Delivery’. On 27 February 2024, the milestone journey commenced at a FedEx station in Shah Alam and concluded at Changi Airport in Singapore, spanning a total distance of 406 kilometres, “When we set our goal of carbon neutral operations by … [Read more...] about FedEx makes ‘historic’ cross-border delivery with electric vehicle
Cainiao, Saudia, WFS form Liège eHub trifecta
Saudia Cargo, Worldwide Flight Services, and Cainiao Group have officially launched their strategic collaboration at Cainiao’s e-commerce hub in Belgium’s Liège Airport. The companies said the collaboration is aimed at optimizing logistics processes through operational streamlining and the adoption of logistics innovations at the eHub. Cainiao and WFS have been working together since November 2021 to enhance operational quality for joint partners like Saudia Cargo. Key service-level … [Read more...] about Cainiao, Saudia, WFS form Liège eHub trifecta
FedEx moves APAC headquarters to Singapore
FedEx Express opened its new regional headquarters in Singapore on 27 February last week, which will house the support team for its operations in Asia Pacific, Middle East, and Africa. The strategic move of transferring its headquarters from Hong Kong to the city state marks a new beginning for the company, which promises to connect businesses in the region with ‘greater speed and agility,’ said Kawal Preet, president of Asia Pacific, Middle East, and Africa. The express … [Read more...] about FedEx moves APAC headquarters to Singapore
Aramex stays resilient in 2023 as int’l express volumes soar
Aramex finished the final quarter of 2023 in good fashion as the logistics operator reported more than double the net income posted in the same period in 2022, as well as a record quarter for international express volumes. International Express saw a 31 percent increase in shipment volumes year on year between October and December, reaching 7.6 million shipments and setting a record for the highest quarterly volumes in company history. For the full year 2023, volumes were up 5 percent … [Read more...] about Aramex stays resilient in 2023 as int’l express volumes soar