FedEx adds capacity between Singapore and Sydney
FedEx is adding more capacity amidst increasing demand for freight shipments driven by e-commerce between the two countries in Asia Pacific.
October 12, 2021
By PLA Editor
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FedEx is adding four additional flights each week from Singapore to Sydney, doubling its flight operations between the two countries to eight flights per week.
The move comes amidst increasing demand for freight shipments driven by e-commerce between the two countries in Asia Pacific.
The integrator is looking to better support businesses and exporters with increased and reliable capacity Audrey Cheong, regional vice president for Southeast Asia at FedEx, said more cross-border flights will allow small and medium enterprises more frequent access to online shoppers overseas and tap into the high e-commerce potential of both economies.
The International Trade Association reported that Australia is currently Singapore’s fourth-largest trading partner for exports, whilst Singapore is Australia’s largest two-way trading partner.
JP Morgan ranked Australia as the eleventh largest e-commerce market at US$25.7 billion in 2020, whilst Singapore’s B2C e-commerce market is estimated at around $4.9 billion, FedEx noted.
In earlier news, the leading intergator announced that it has added added two additional intercontinental flights connecting Asia to Europe and the US. A new Asia-Europe service will connect the company’s CDG air hub to its APAC hub in Guangzhou, China, four days each week via Kansai International Airport in Osaka, Japan, and one day a week via Singapore Changi Airport. Meanwhile, a new trans-Pacific flight will connect Taipei and Hong Kong to Anchorage and Indianapolis, and returning via Anchorage to Taipei, five days each week.
Aside from these intercontinental flights, FedEx has increased its intra-Asia network capacity by fully replacing its Boeing 757 narrow body freighters with Boeing 767 wide-body freighters. This has almost doubled the cargo capacity to Indonesia, Vietnam, Thailand and the Philippines.