FedEx Express, a subsidiary of FedEx Corp. announced the launch of FedEx International Priority Express (IPE) offering customers the flexibility to schedule delivery by 10:30 am or noon to select destinations worldwide.
The express transportation company said businesses across the Asia Pacific, the Middle East and Africa (AMEA) region can now select the right delivery option that suits their needs with expanded choices, giving them enhanced convenience and flexibility.
Kawal Preet, president, Asia Pacific, Middle East and Africa (AMEA) region, FedEx Express said adding IPE is an important enhancement to its portfolio and was launched in the critical moment.
“As economies begin to recover, businesses and consumers alike are placing heightened value on trackable, time-definite delivery, and the segment is set to grow,” she said.
Preet added, “IPE is an enhanced service with delivery windows early in the day for critical time sensitive shipments. The expanded range of solutions we now offer gives businesses of all sizes greater control, by providing them with more choices that match their needs.”
The newly launched FedEx IPEservice provides AMEA customers with delivery by 10:30 or noon to select markets in Asia (Hong Kong, Thailand, Singapore, Australia), United States, Canada and Europe.
With the addition of this new service, FedEx now provides a wider range of time-definite international priority shipping options to its customers.
Aside from IPE, FedEx also provides FedEx International First service which offers AMEA customers the option for early-day delivery to select postal codes and destinations in the United States, Canada and Europe.
And, it also has FedEx International Priority (IP) service which offers end of the day delivery to more than 220 countries and territories around the globe.
These time-definite cross-border delivery options are part of FedEx efforts to support businesses amidst the soaring demand for cross-border commerce. At USD $3.9 trillion the Asia Pacific logistics market is poised to grow at a compound annual growth rate (CAGR) of 6% between 2020-2025. And, across the Middle East and Africa, it is expected to reach USD $315 billion, growing at a CAGR of 4% by 2027.
In Sept 2021, FedEx launched the FedEx International Connect Plus (FICP), an international, day-definite, e-commerce shipping service, available in Australia, Hong Kong, India, Japan, mainland China, Malaysia, Singapore, South Korea, Taiwan and Thailand.