FedEx Trade Networks Reinforces Commitment to India
OREANDA-NEWS. FedEx Trade Networks, the freight forwarding arm of global shipping giant FedEx Corp., announced today the launch of its FedEx International Direct Priority OceanSM service in India.
This innovative, end-to-end ocean solution is now available from four India origins: Bangalore, Chennai, Delhi and Mumbai. The addition of these new India origins extends the reach of the specialized ocean service and provides customers who export to the United States with additional ocean freight forwarding options.
With FedEx International Direct Priority Ocean, cargo is shipped from the origin to North America, with final delivery available throughout the contiguous United States. This specialized service includes premier ocean freight forwarding, U.S. customs brokerage, online visibility and reliable delivery for both less-than-container-load (LCL) and full-container-load (FCL) cargo.
FedEx Trade Networks introduced FedEx International Direct Priority Ocean in 2011, providing a more economical option to air freight forwarding, while offering faster, reliable ocean transit times than traditional ocean shipping. Customers can enjoy better control of the supply chain with dependable predictability of final delivery, while receiving an individual point of contact, a single rate and a single invoice.
There is a strong demand for solutions like FedEx International Direct Priority Ocean, particularly in fast-growing, emerging markets like India. While FedEx Trade Networks overall ocean volume has tripled since 2008, its FY13 International Direct Priority revenue grew 182.7% over the prior fiscal year.
The company also announced the opening of freight forwarding operations in Bangalore, which also marks the fourth FedEx Trade Networks office in India. This location provides a full suite of international air and ocean freight forwarding services, surface transportation, customs brokerage and documentation. The new operations in Bangalore provide FedEx Trade Networks customers increased access to major global markets, both inbound and outbound.
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