Four new flights are set to offer Asia Pacific businesses more opportunities to export to major cities in the US and Europe.
The intercontinental flights each have a weekly capacity of 1400 tonnes and provide greater access to APAC customers on the trans-Pacific, Intra-Asia, and Europe lanes.
The express transportation specialist says the expansion is off the back of continued e-commerce growth to meet customer demand for enhanced service.
In 2020 alone, online retail sales in APAC generated approximately $3.35 trillion, accounting for more than 60 per cent of global e-commerce sales. Over half of online shoppers in APAC made cross-border purchases.
Kawal Preet, president of the Asia Pacific, Middle East, and Africa (AMEA) region at FedEx Express, says APAC is emerging as a mega marketplace with merchandise exports forecasting a strong rebound of 13 per cent Year-on-Year in 2021.
“FedEx is focused on meeting the evolving needs of our customers, and this network enhancement, further demonstrates our strong commitment to supporting our customers and this region to recovery,” he says. “We are seeing the overall demand for exports from Asia Pacific fast recovering to pre-COVID levels.”
Two of the new flights will depart from the FedEx APAC Hub in Guangzhou, China, to the US five times a week.
The third trans-Pacific flight connects Beijing to the FedEx World Hub in Memphis, U.S.
And APAC exporters will be more connected to Europe, with Boeing 777 flights from China and Japan leaving every week.
“These additional flights will empower our customers to harness the full potential of cross-border commerce, forging stronger intra-Asia, trans-Pacific and Asia-Europe trade flows, as economies across Asia Pacific continue to rebound.”