Federal Express to "cleanse" freight forwarding industry

"Customers starting in 2007, I hope we can provide a wider range of logistics solutions - they want to reduce their own need to face the number of logistics providers." November 26, Federal Express (FDX.N) Trade Network in Asia Managing Director, Joseph-John Frank told our reporter, prompting the Federal Express to enter air and ocean freight forwarding business.

 

Frank said, Federal Express is located in the Mainland's international air freight forwarding business in March 2008 already opened, "Right now we are very satisfied with the operation." Next, FedEx Trade Networks will be held March 1, 2010 for the Chinese market, the introduction of international ocean freight forwarding services.

 

It is understood that in 2008 the first to open branches in Shanghai and Hong Kong, the location of freight forwarding, import and export customs clearance agents, taken to send items, as well as aviation, shipping integration services provider FedEx Trade Networks, and recently opened a new increase in Ningbo The branch, which make it a subsidiary of cloth in China as many as nine points, plus Hong Kong and Taipei branches of the cloth in Greater China as many as 11 points. Globally, FedEx Trade Networks is still in Singapore, Ho Chi Minh City, Paris and Amsterdam had cloth-point, the next step will be to open up markets in Brazil and Mexico, from the branch distribution, the Greater China region is the most important base of operations.

 

Shanghai International Freight Forwarders Association Secretary-General Li Linhai in 27, told this reporter that is not worried about the entry of Federal Express's domestic freight forwarding industry will have even greater competitive pressure to bring suppliers and even to "cleanse." "Many companies in this industry, competition has been very intense, everyone should know how to deal with."

 

Federal Express, or difficult to express the price of competitive strategy business, copied to the freight forwarding market, to achieve in a relatively short period of time to expel a small freight forwarding business appearance. There are not willing to publish the names of the private freight forwarding responsible person said that in the maritime industry, and because of brutal competition, there has been "zero charge" or even "negative charge" situation. "The reason is that shipping companies excess capacity on certain routes as well as the freight forwarding industry, improper competition."

 

But Frank said the Federal Express freight forwarding through the network to allow customers to more easily select the desired service.

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