The Latin America Region is a Critical Destination for the Company’s Growing Customer Base and Key Industry Verticals
MEMPHIS, Tenn., February 3, 2015 — FedEx Trade Networks, the freight forwarding and customs brokerage arm of FedEx Corp. (NYSE: FDX), is broadening its services for trade lanes connecting key destinations in Latin America. The trade lanes include the following routes: Germany (Frankfurt) to Mexico (Mexico City and Guadalajara); Germany (Frankfurt) to Brazil (São Paulo and Campinas); Hong Kong to Mexico (Mexico City and Guadalajara) and U.S. (Dallas) to Mexico (Mexico City, Guadalajara and Monterrey).
“We’re committed to supporting our customers with more shipping options to Latin America to meet their growing business needs, ” said John Gazitua, managing director, FedEx Trade Networks, Latin America-Caribbean region.
“Mexico and Brazil are two strong examples of key markets for the automotive, aircraft and electronic industries and we are very focused on providing total end-to-end international freight forwarding solutions and greater market access in the area.”
The company’s Germany-to-Mexico air freight forwarding program connects businesses to the manufacturing and high-tech hubs in this economically vibrant region. This service consolidates and moves cargo from Frankfurt am Main International Airport (FRA) to Benito Juárez International Airport (MEX) and Miguel Hidalgo y Costilla International Airport (GDL). With more than 50, 000 companies operating in Frankfurt, daily flights between the countries make it easy to ship an increasing volume of German products and materials to Mexico.
As international trade between the European Union (EU) and Brazil continues to grow, FedEx Trade Networks offers an air consolidation program from Germany to Brazil for customers to enhance their supply chain operations for this critical trade lane. FedEx Trade Networks sends goods from FRA to São Paulo Guarulhos International Airport (GRU) and Viracapos International Airport (VCP). As part of this service, the company also helps customers avoid delays by having consignees and their brokers verify shipping documents before arrival.
Customers shipping from Hong Kong to Mexico can extend their reach through the FedEx Trade Networks customized air freight forwarding service from Hong Kong International Airport (HKG) to MEX and GDL. Currently, this trade lane includes flights five days per week to both MEX and GDL so customers have flexible options for their shipments.
The company’s service offerings for the U.S.-to-Mexico trade lane helps reduce time when shipping across the border. One cross-border solution moves cargo from the FedEx Trade Networks Dallas, Texas air gateway to Mexico City, Guadalajara and Monterrey airports via truck. In addition to this airport-to-airport option, FedEx Trade Networks also provides airport-to-door, door-to-airport and door-to-door pricing options through this lane, while also offering airport recovery, customized reporting and U.S. Customs 7512 Export Clearance.
FedEx Trade Networks provides a single point of contact for each of these freight forwarding routes, and selects a carrier based on shipper budget and timeframe, while providing convenient transit times. The company also offers value-added service options, including distribution services and customs brokerage arrangement. Pricing options include airport-to-airport, airport-to-door, door-to-airport and door-to-door, and customers may also take advantage of the track and trace options through the company’s My Global Trade Data system for high-level freight visibility.
The company’s focus on enhancing its services throughout Latin America is further warranted by the numbers. Bilateral trade between Asia-Pacific and the region has grown at an average annual rate of 20 percent for more than a decade, while trade between the EU and Latin America doubled to approximately $280 billion during the past 10 years.,
As trade throughout the world grows, so does the FedEx Trade Networks solutions portfolio. These trade lanes offer customers more flexibility and affordability when shipping to Latin America and reinforce the company’s long-term commitment to the region.1.