FedEx Strengthens Air Network To Boost Global Connectivity from Asia Pacific to India and Europe

Singapore, November 28, 2024- Federal Express Corporation ("FedEx"), one of the world's largest express transportation companies, has introduced a new flight route to further strengthen connectivity between Asia Pacific (APAC), India, and Europe. This enhances flexibility and operational efficiency for APAC customers, particularly across critical trade lanes like Intra-Asia and Europe.

This new flight route connects FedEx's Asia Pacific hub in Guangzhou, China, to Bangalore, India, the UAE, and onward to Liege and Paris in Europe, operating five times a week, providing businesses with enhanced flexibility during the critical holiday peak season. Customers benefit from the new flight route with reduced transit times by one day, ensuring next-day delivery to South India[1]-a critical advantage for the high-tech and automotive industries in the region. Moreover, this network adjustment allows businesses to manage imports and exports to and from India and Europe with increased service reliability.

Recent FedEx survey reveals that APAC businesses are anticipating year-on-year sales growth this holiday season[2], highlighting the strategic importance of this new flight route. As of FY24, China continues to be India's largest trading partner, with bilateral trade reaching $118.4 billion-$101.7 billion in imports from China and $16.67 billion in exports to China[3]. The Asia-to-Europe corridor remains one of the world's busiest[4], with China leading in exports of machinery, electronics, and high-tech goods, which make up a large portion of the region's exports.

"Asia Pacific businesses are increasingly prioritizing cross-border trade, and building a resilient global network is vital to unlocking growth opportunities," said Kawal Preet, president, Asia Pacific, FedEx. "This air network enhancement is a reflection of our confidence in the future of Asia Pacific and allows us to provide smarter logistics solutions connecting businesses flexibly, efficiently, and intelligently to key markets. As demand for timely deliveries continues to rise, we are committed to providing seamless, faster, and more reliable service, helping businesses thrive during this peak holiday season and beyond."

In addition to enhancing connectivity, FedEx continues to develop digital solutions to help customers navigate the global marketplace. The FedEx Import Toolhelps streamline import processes, while FedEx Ship Manager™ allows small businesses and e-commerce merchants to manage shipments online. Customers can also use FedEx Ship Manager Liteon mobile devices for making convenient shipping arrangements. Additionally, FedEx applies machine learning to provide a four-hour window for incoming deliveries[5], with the goal of improving customer experience. With continuous investments in technology and infrastructure, FedEx is committed to supporting Asia Pacific businesses in strengthening their positions in the global manufacturing and trade.

Remarks
[1] FedEx Expands Air Network with Launch of Five New Flights Enabling Global Market Access for South India; Availability of services and transit time may vary depending on origin and destination post code.
[2] FedEx Survey Reveals Strong Optimism for Holiday Sales Surge Among APAC Businesses and Consumers
[3] China overtakes US as India's top trading partner in FY24: GTRI - IndBiz | Economic Diplomacy Division | IndBiz | Economic Diplomacy Division
[4] European Commission
[5] FedEx Launches Machine Learning-Based Delivery Estimates - Business Insider

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