FedEx enhances Asia reach to Middle East
FedEx Express has announced the expansion of its network coverage from Asia to markets in the Middle East, providing what it said were significant service improvements to meet increasing business demand.
March 1, 2012
expansion of its network coverage from Asia to markets in the Middle East, providing what it said were significant service improvements to meet increasing business demand.
Building on the January 2011 launch of the first FedEx direct service between India and the FedEx Asia Pacific hub in Guangzhou, southern China, the new services will see a five-times-aweek routing to Middle East markets – Guangzhou-Mumbai-Dubai-Delhi- Guangzhou.
FedEx said customers shipping from major Asia Pacific markets to and from major Middle East countries, including the United Arab Emirates, Afghanistan, Bahrain, Iraq, Kuwait, Oman, Pakistan and Qatar can now enjoy transit improvements of up to two days,
depending on the product.
“This latest route further enhances the operational strength of the FedEx international network by providing greater access to two of the fastestmoving markets in the world and supporting their economic development,” said David Cunningham, Jr., president,
Asia Pacific, FedEx Express.
Asia and the Middle East have recorded strong economic performances in 2011 with GDP growth projected for the full year at 7.5 per cent and four per cent respectively.
Both regions’ economies are expected to significantly outpace the world’s average growth rate, expanding at a rate of 4.7 per cent (Asia Pacific) and 4.1 per cent (Middle East) per year for the next
20 years. The total value of merchandise trade between Asia and the Middle East was US$668 billion in 2010.