January 24, 2020: FedEx Express has expanded coverage for its FedEx International Priority DirectDistribution (IPD) and FedEX International Economy DirectDistribution (IED) services from Asia Pacific to Europe Union (EU) countries. With 12 and 47 additional lanes for IPD and IED respectively, FedEx has extended the services from 13 major Asia-Pacific markets to 47 EU countries.
This extended coverage is expected to simplify and expedite the cross-border deliveries between Asia Pacific and EU, giving access to the businesses, especially SMEs, to enhanced connecting facilities, and easy and efficient shipping for customers in Asia Pacific to send multiple packages from a single location in an origin country to multiple recipients in an EU country.
Now, for example, a customer can use IPD or IED to ship at one time 20 packages as a consolidated shipment from Hong Kong, SAR China to different recipients in Germany. Customs clearance for such packages will be processed through a single shipping label and a consolidated commercial invoice (CCI). Customers can use alternate channels, such as intermediaries, to reduce cycle time and move products from origin to end recipient more swiftly.
IPD single point of clearance (SPOC) and IED single point of clearance (SPOC) services are also available for Asia Pacific businesses to send multiple packages under the same master airway bill from a single location in an origin country to multiple recipients in multiple destinations among the 28 EU countries.
“Trade between the Asia-Europe Meeting (ASEM) countries account for 55% of all world merchandise trade. As trade relations between Europe and Asia strengthens, this is an excellent opportunity for greater bilateral trade,” said Karen Reddington, president, Asia Pacific, FedEx Express. “As customer requirements for cross-border access increase, the expanded coverage of IPD and IED services will enable our Asia Pacific customers to capture global opportunities and tap new possibilities.”
In addition to its existing routes, FedEx opened 148 lanes for International Economy and 56 lanes for International Economy Freight from Asia Pacific to Europe.