The world’s largest express transportation company FedEx has announced they’re expanding coverage of distribution services in Australia.
FedEx International Priority DirectDistribution (IPD) and FedEx International Economy DirectDistribution (IED) services from Asia Pacific including Australia and New Zealand, to European Union (EU) countries will be extended.
13 major Asia-Pacific markets will have increased services now that FedEx has 12 additional lanes for IPD and 47 additional lanes for IED.
In addition to its existing routes, FedEx opened 148 lanes for International Economy and 56 lanes for International Economy Freight from Asia Pacific to Europe.
IPD and IED services simplify and speed up cross-border deliveries between Asia Pacific and the EU, allowing businesses in Asia-Pacific, especially SMEs, to deliver goods faster.
Customers in Asia-Pacific can send multiple packages from a single location in an origin country to multiple recipients in an EU country.
Customs clearance for such packages will be processed through a single shipping label and a Consolidated Commercial Invoice (CCI).
Customers can use alternate channels, such as intermediaries, to reduce cycle time and move products from origin to end recipient more swiftly.
A FedEx spokesperson said that a customer can use IPD or IED to ship at one time 20 packages as a consolidated shipment from Sydney, Australia to different recipients in Germany.
Karen Reddington, President Asia Pacific FedEx Express said as trade relations between Europe and Asia strengthens, this is an excellent opportunity for greater bilateral trade.
“Trade between the Asia-Europe Meeting (ASEM) countries account for 55% of all world merchandise trade,” Karen said.
“As customer requirements for cross-border access increase, the expanded coverage of IPD and IED services will enable our Asia Pacific customers to capture global opportunities and tap new possibilities.”
IPD Single Point of Clearance (SPOC) and IED Single Point of Clearance (SPOC) services are also available for Asia Pacific businesses to send multiple packages under the same master airway bill from a single location in an origin country to multiple recipients in multiple destinations among the 28 EU countries.
FedEx has an annual revenue of $69 billion and uses a global air-and-ground network to speed delivery of time-sensitive shipments to more than 220 countries.