FedEx Logistics and FedEx Express, subsidiaries of FedEx Corp. (NYSE: FDX), are set to revolutionize shipping with the introduction of the new FedEx Less-than-Container Load (LCL) Priority service. This groundbreaking service offers a customs-cleared port-to-door and door-to-door solution that strikes the perfect balance between speed and affordability, setting a new standard for efficiency. With seamless integration of ocean and road networks, it expertly links the Asia Pacific to key Middle East markets.
As trade between the Gulf Cooperation Council (GCC) and Asia is poised to soar to US$578 billion by 2030, there’s a growing emphasis on bolstering ties between these two dynamic regions. In response to this evolving trade landscape, the LCL Priority service is strategically designed to support the increasing significance of the trade relationship.
Edward Hui, Vice President of Asia, Middle East, and Africa at FedEx Logistics, remarked, “The FedEx LCL Priority service isn’t just a logistics solution; it’s an approach redefining trade between Asia Pacific and the Middle East. Our innovation-driven culture is at the core of this service, offering our customers not only streamlined shipping but also a strategically responsive solution to the rapidly evolving trade dynamics of the Asia Pacific-Middle East corridor.”
Taarek Hinedi, Vice President of Middle East and Africa Operations at FedEx Express, emphasized the significance of the FedEx Middle East Road Network (MERN) in this strategic multimodal offering, stating, “This ocean-road solution leveraging the wider FedEx network is designed to optimize delivery in terms of cost, time, and convenience. Our commitment goes beyond transportation; we are enabling businesses to elevate their shipping strategies and align with the evolving global trade landscape.”
The flexibility offered by the FedEx LCL Priority service allows businesses to tailor their shipping experience according to their specific requirements, whether it’s prioritizing speed or cost-effectiveness. By collaborating with a single point of contact at FedEx, businesses can streamline their shipping operations and eliminate the complexities associated with dealing with multiple freight forwarders. Additionally, the solution’s end-to-end track and trace visibility enable advanced monitoring from port-to-door, enhancing efficiency and transparency.
This innovative ocean-road solution is projected to reduce transit times by 8 to 10 days over traditional ocean freight from Asia Pacific to Middle East countries. With streamlined customs clearance and a focus on improving speed, efficiency, and costs, the FedEx LCL Priority service is poised to redefine the logistics landscape for businesses across the Asia Pacific-Middle East corridor.
