New FedEx® Regional Economy and FedEx® Regional Economy Freight services trade in the Middle East region has been launched to meet the increasing demand for cross-border trade by FedEx Express, the express transportation major and subsidiary of FedEx Corp.
17/08/2023
Small and medium-sized enterprises (SMEs) are most likely to benefit from these deferred, day-definite road services that offer cost-effective shipping solutions for non-urgent shipments within key Middle Eastern countries.
Seamless connectivity between Bahrain, Jordan, Kuwait, Oman, Saudi Arabia, and the UAE is the remarkable service that the new FedEx® Regional Economy and FedEx® Regional Economy Freight services will provide in the region via the company’s Middle East Road Network (MERN). Besides, secure transportation through real-time tracking on fedex.com is ensured.
Express custom clearance with competitive transit times of three to five business days, and four to six business days for Regional Economy shipments and Regional Economy Freight shipments within key Middle East markets respectively is another benefit of the new services.
The door-to-door economy road services across the Mid-East have made it possible for the customers to significantly cut costs on less time-sensitive shipments up to 68 kilograms via FedEx® Regional Economy or more than 68 kilograms through FedEx® Regional Economy Freight.
With the new services, intra-Middle East cross-border deliveries, from shipment creation to pick-up management, billing, and whatnots can be easily streamlined by customers via a range of digital tools.
The new versatile services are said by the company to be ideal for businesses across the automotive, electronics, oil and gas, fashion and retail, chemicals, e-commerce, and healthcare sectors.
As for diverse shipping requirements, from lightweight parcels to hefty cargos, the economy road services can take on palletized or over-sized goods, as well as items beyond the capacity of standard air shipping containers.
According to Taarek Hinedi, the Vice President of FedEx Express Middle East and Africa operations, “At FedEx, we are constantly strengthening our service offerings to meet evolving customer demands. We are seeing businesses prioritize day-definite delivery over speed, recognizing that not all shipments are urgent and require next-day delivery”.
He noted that the Regional Economy services are an extension of the company’s endless efforts to offer differentiated shipping solutions in order to guarantee more value and contribute to the growth of businesses and regional industries.
The Middle East and North Africa’s GDP is estimated by GSci Transport Intelligence to steadily grow at 3.1% of Compound Annual Growth Rate (CAGR) over the next five years (2023-2028), which prompts regional businesses to look for reliable logistical support to plug away at the changing landscape.
The FedEx International Economy® and FedEx International Economy® Freight services have also been introduced in Saudi Arabia in a bid to empower enterprises to extend their global footprint in a cost-effective and reliable manner.
