Press Releases
HONG KONG, September 18, 2000, FedEx Corp. (NYSE: FDX) has
launched FedEx Global Trade Manager, a free, Internet-based
service aimed at helping small- and medium-sized businesses
navigate the complex, fast-paced world of international commerce.
FedEx Global Trade Manager can be used by Asia/international
customers, who arrange shipments to or from the United States,
Canada, United Kingdom, Hong Kong, Singapore and Puerto Rico.
Located on www.fedex.com, the FedEx Global Trade Manager
guides merchants through the often-complicated process of
international shipping. A recent Forrester Research report
found that 85 percent of firms find it difficult to fill
international orders because of the complexities of shipping
across borders. Of the companies surveyed, 38 percent identified
"distributing globally" as the biggest fulfillment challenge
for 2001.
The simple wizard-based process helps shippers identify and
prepare the appropriate import/export forms based on the
commodity description and country of import or export. The
application also alerts customers to restrictions on shipping
certain commodities, whether the country of import or export
is under embargo and provides information on some special
licensing requirements.
"The FedEx Global Trade Manager can help open new markets
and smooth a company's entrance into international shipping
and trade by solving customs issues before they start," said
Raj Subramaniam, vice president, Electronic Commerce and
Customer Service (ECCS), Marketing and Communications, FedEx
Asia Pacific. "FedEx Global Trade Manager is a valuable tool
that reinforces our commitment to be a trusted provider of
services to small- and medium-sized businesses" Mr. Subramaniam
said.
In addition to its comprehensive document determination capability
and document library, the FedEx Global Trade Manager also
includes the FedEx International Resource Center, which provides
a variety of timely information on customs and commodity
requirements. Some useful IRC resources are:
- Country profiles: provides useful information for country
demographics, import and export regulations, business
and other useful statistics.
- Document Library: an extensive list of international
shipping and customs documents categorized by country
of import and export.
- Trade Broker: a qualified trade leads retrieval system
that accesses a large database of international buy/sell
offers.
FedEx Empowers Small- and Medium-sized Businesses FedEx provides
many other web-based solutions at www.fedex.com specifically
designed to enable small- and medium-sized businesses to
open new markets and operate their businesses more effectively.
FedEx® Global Trade Manager - A free, Internet-based service
helps Asia/international customers navigate the world of
international commerce. The simple wizard-based process helps
shippers prepare the appropriate import/export forms by automatically
selecting the recommended documents based on the commodity
description and country of import or export.
FedEx interNetShip® - The first Internet-shipping application,
FedEx interNetShip® allows customers in 58 countries to electronically
process shipments online to over 180 countries. Among its
many features, FedEx interNetShip provides a customized address
book for easier repeat shipments and maintains a shipping
history for 45 days.
FedEx ShipAlert - lets customers send advance emails containing
the package tracking number to up to three parties. FedEx
package location information can be queried using the enclosed
package tracking number.
FedEx® Invoice Online - an Internet-based bill presentation
and payment application option enables FedEx customers to
review and schedule payment of FedEx invoices. The service
eliminates paperwork for customers while providing flexibility
and a greater degree of control over the bill payment process.
With annual revenues of $18 billion, FedEx Corp. is the premier
global provider of transportation, logistics, e-commerce
and supply-chain management services. The company's integrated
eBusiness portfolio compliments its comprehensive AsiaOne®
express transportation network. From its Asia Pacific hub
in Subic Bay, Philippines, the FedEx AsiaOne® network provides
overnight delivery services among 18 major cities in Asia.
It is connected with the FedEx Express global network linking
North America, South America, the Middle East, Africa and
Europe - 210 countries in the FedEx worldwide system.
More than 2.5 million customers are connected electronically
through the FedEx information network and approximately two-
thirds of its U.S. domestic transactions are now handled
on-line.
FedEx Express, a US$15 billion subsidiary of FedEx Corp.,
connects areas that generate 90% of the world's gross domestic
product in 24-48 hours with door-to-door, customs-cleared
service and a money-back guarantee. The company's unmatched
air route authorities and infrastructure make it the world's
largest express transportation company, providing fast, reliable
and time-definite transportation of more than 3.3 million
items each working day. FedEx employs approximately 149,000
employees and has more than 46,000 drop-off locations, 663
aircraft and 49,000 vehicles in its integrated global network.
* Certain restrictions apply.
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