FedEx confident on market improvement

China’s steady economic improvement may fuel a continuation of the uptrend in its outbound volumes, according to a senior FedEx Express executive. “Our volume is closely related with the import and export numbers. So as long as the market is booming and we are providing good service to our customers, we will be benefiting from […]


China’s steady economic improvement may fuel a continuation of the uptrend in its outbound volumes, according to a senior FedEx Express executive. “Our volume is closely related with the import and export numbers. So as long as the market is booming and we are providing good service to our customers, we will be benefiting from this,” Eddy Chan, the firm’s China chief, told Reuters. “We are confident the export market here will be improving,” Chan said. China’s exports in December leapt 17.7 per cent from a year earlier, dwarfing the 4 per cent forecast by economists and breaking a 13-month year-on-year declines.