FedEx Express launches new priority service for the international market

FedEx Express, a subsidiary of FedEx Corp., announced the launch of FedEx International Priority® Express (IPE), which offers customers shipping internationally the ability to schedule delivery by 10:30 a.m. or noon to select destinations in the world. The company thus targets companies in the Asia-Pacific, Middle East and Africa (AMEA) region.

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She hopes they can expand their choices and create a convenient solution that suits their business while providing greater convenience and flexibility overall. Fixed-term cross-border delivery options are part of FedEx's efforts to support businesses amid growing demand for cross-border trade, compounded by the Covid-19 pandemic.

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At US$3.9 trillion, the Asia-Pacific logistics market is expected to grow at a compound annual growth rate (CAGR) of 6% between 2020 and 2025. And, across the Middle East and Africa, it is expected to reach US$315 billion, with a CAGR of 4% by 2027. This significant growth spectrum is a signal for the rise of better solutions for businesses and e-commerce providers that are heavily dependent on international freight urgent.

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