FedEx Enhances International Shipping Services in Beijing and Tianjin

Beijing, China, August 5, 2024 - Federal Express Corporation, one of the world's largest express transportation companies, has upgraded its shipping services in Beijing and Tianjin by optimizing its air cargo network to enhance service efficiency in these cities. This improvement better connects local customers to markets in Asia, Europe, the Middle East, and Africa.

Starting from now, FedEx has reduced transit time for inbound shipments for Beijing and Tianjin by one day. The cut-off time for same-day outbound shipments has also been extended to 4:30 p.m. in Beijing and 3:30 p.m. in Tianjin, offering customers more time and greater flexibility. Additionally, FedEx has increased its weekly capacity in these cities to meet the growing import and export needs of local customers. This upgrade provides more efficient shipping services for customers using FedEx International Priority® service for outbound shipments, and both FedEx International Economy® and FedEx International Priority® services for inbound shipments.

"FedEx remains committed to optimizing its air transport network in China to provide more flexible and valuable solutions for local customers," said Poh-Yian Koh, Senior Vice President of FedEx and President of FedEx China. "Supported by our air cargo partner, these upgraded international shipping services in Beijing and Tianjin will enhance the connection between the Beijing-Tianjin and markets in Asia, Europe, the Middle East, and Africa. They will also help accelerate foreign trade in the region and support the stable growth of global trade."

As the Beijing-Tianjin-Hebei region continues to develop, its logistics ecosystem plays an increasingly critical role in unimpeded domestic and international economic flow, supporting the sustainable growth of foreign trade. This year marks the 10^th anniversary of the Beijing-Tianjin-Hebei coordinated development strategy, celebrating a decade of building an economic powerhouse for China's opening up. The total value of foreign trade has increased from RMB 3.74 trillion in 2014 to RMB 5.03 trillion in 2023, up 34.4%.^[1] In the first half of this year, the region saw its import and export value increase by 4.6% year-over-year to RMB 2.54 trillion, a record high level for the same period in history. ^[2]

This year also marks the 40^th anniversary of FedEx operations in China. Since 1984, FedEx has been committed to expanding its logistics network and service portfolio to support the development of China's supply chain. Last month, FedEx launched two new flights to the United States from Qingdao and Xiamen and plans to establish international gateway facilities at each location.

In May, FedEx officially launched the FedEx Online Import Customs Declaration Tool in China. Complementary to the existing online export declaration tool, this new offering provides Chinese customers with a more comprehensive and efficient digital import and export customs clearance service.

[1]https://news.cctv.com/2024/02/26/ARTITBmSlyoNJjs7lEXIvNt0240226.shtml
[2]https://www.bj.chinanews.com.cn/news/2024/0717/95576.html