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Category: Logistics

Retail News Asia is committed to providing both local and global retailers with the latest Logistics news throughout the Asian market. This on a daily base.

  • Shipping firms sail past annual profit target in 9 months

    Shipping firms sail past annual profit target in 9 months

    Many shipping firms have earned profits surpassing their annual target in the first nine months of the year, riding a wave of high demand and high freight rates.

    The Petrovietnam Transportation Corporation recorded after-tax profits of nearly VND390 billion ($15.7 million) in the third quarter, more than 2.5 times year-on-year. Its pre-tax profits of over VND1.035 trillion in the first nine months exceeded 72% of its annual plan.

    The Hai An Transport and Stevedoring Joint Stock Company saw its Q3 after-tax profit increase by over 2.7 times year-on-year to VND270 billion. The firm’s profit in the first nine months was 1.5 times bigger than its yearly plan.

    Similarly, Gemadept Corporation’s profit in the third quarter surged by over 76% to nearly VND290 billion. Its after-tax profit rose nearly 84%, realizing 94% of the annual plan.

    The Vietnam Ocean Shipping Jsc Earned gained pre-tax profits of VND566 billion in the first nine months, a 38% year-on-year increase, and exceeding the annual plan by 45%.

    While it saw a fall in Q3 profit, the Vietnam National Shipping Lines posted profits of over VND2.77 trillion in the first nine months, a year-on-year increase of more than 30% and more than 10% of the annual plan.

    Many shipping firms attribute the bigger profits to high demand and high freight charges. A manager with the Petrovietnam Transportation Corporation said freight charges had increased in the third quarter, resulting in bigger revenues.

    Over 77.8 million tons of cargo was transported by sea in the first nine months, up 27.5% over the same period last year, according to the General Statistics Office.

    According to data from Freightos, one of the world’s largest freight booking platforms, Feightos Baltic Index, the global container shipping index, fell from $6,577 to $4,060 in the third quarter. However, the rate was still 2-3 times higher than the average of $1,800-2,000 in the same period last year. Compared with the third quarter of 2019, the rate was nearly 3.5 times higher.

    In Vietnam, the sea freight index increased nearly 5% in the third quarter, and rose over 11% in the first nine months.

    Brokerage firm SSI Securities has predicted that the global index will gradually return to normal due to weaker demand and bigger supply of container ships in the last months of this year. Freight charges may decrease sharply next year if supply chain disruptions die down and China reopens to the outside world, it said.

    In Vietnam, charges may remain at their peak in 2023 as the market is still undersupplied as most of the Vietnamese fleet is leased to foreign markets under long-term contracts, according to SSI Securities.

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  • FedEx drafts on-ground team in Cambodia

    FedEx drafts on-ground team in Cambodia

    Recent data show that economic recovery in Cambodia is gathering speed with first-half exports up 20 percent over the same period last year, reaching US$27 billion.

    With this, FedEx Express is establishing a direct commercial presence in Cambodia, to meet the country’s growing international shipping demands.-

    FedEx has been operating in Cambodia since 1994, offering international shipping services through local company TSP Express.

    With a direct presence in the country, local customers will now have access to a range of digital tools for easier and more efficient shipping through the FedEx website. This includes opening a new account, tracking shipment status in real time, creating shipping air waybills, scheduling courier pickups, and managing billing.

    FedEx will now have dedicated sales and customer service team members on ground to interact and provide enhanced logistics expertise to help local businesses grow their cross-border trade.

    “FedEx continues to enhance its presence and services in emerging Southeast Asia markets like Cambodia to support the growth of small and medium sized enterprises (SMEs),” said Kawal Preet, president of the Asia Pacific, Middle East, and Africa at FedEx Express.

    “Many of Cambodia’s biggest trading partners are located beyond the Asia region, in North America and Europe making a network like ours essential to provide greater access to international markets.”

    “We’re making shipping easier for Cambodian customers as they look to export to more international markets,” added Hardy Diec, managing director, FedEx Express Indochina.

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  • DHL Supply Chain launches direct-to-consumer solution

    DHL Supply Chain launches direct-to-consumer solution

    DHL Supply Chain has partnered with digital commerce agency Tryzens, to offer brands a rapid-start, scalable and cost-effective direct-to-consumer (D2C) route to market.

    The solution, named ConsumerDirect, was created to simplify access to digital and supply chain capabilities. It is intended to make entry into D2C simple and low risk for established brands that are currently selling through wholesale or retail channels. From consultation and initial setup, through to navigating the hurdles of acquiring a direct customer base, the partners will launch digital storefronts and reconfigure the supply chain to help brands launch D2C solutions that can scale with them as they grow. In addition, Tryzens and DHL will support the growing demand for capabilities such as subscriptions, personalization of products and packaging and sustainable solutions.

    The solution is intended to enable brands to operate a D2C solution through DHL’s infrastructure and range of services, alongside its wholesale B2B supply chain. With low entry costs and a pay-as-you-grow mechanism, the solution is expected to diminish the pain of investment risk, especially while the D2C channel is being established.

    Since 2018, the companies have observed an increasing number of consumer and retail brands establishing direct e-commerce channels to reach their customers, ensure supply, increase customer loyalty, understand consumer behavior and improve margins. The ConsumerDirect proposition from DHL and Tryzens enables brands to reach their customers across the world with a high-quality end-to-end experience, without great commercial risk or investment.

    Alex Hislop, chief customer officer of DHL Supply Chain UK and Ireland, said, “We are delighted to be partnering with Tryzens, who bring further strength to our one-stop-shop, local and global fulfillment solution. In the market, there is often a misconception that for established consumer goods brands the transition to selling direct is simple, but compared with pureplay online retail, it can be a real challenge to reconfigure supply chains to improve agility and flexibility, build brand loyalty and deeper customer relationships, and maintain important wholesale and retail channel relationships. That’s why we’ve established our partnership with Tryzens; both businesses understand that complexity and bring complementary expertise to guide brands on the entire digital and physical journey.”

    Andy Burton, CEO of Tryzens, said, “The ability for brands to directly engage with consumers not only provides an additional means of selling their products but enables real insight to be gleaned and customer loyalty maintained. D2C provides a channel for building brand reputation and controlling the narrative in differentiating a brand’s products from others in the mind of the consumer. The consumer promise is made up of online shopping, the real-world fulfillment experience and the product quality experience, so we at Tryzens are truly proud to be working with DHL as global leaders in supply chain management to offer the market a comprehensive and cost-effective solution for brands to launch swiftly and scale their D2C capability with the full assurance that the promise they provide to market can be fulfilled.”

  • Fedex Express Expands It’s Direct Presence in Cambodia

    Fedex Express Expands It’s Direct Presence in Cambodia

    FedEx Express, a subsidiary of FedEx Corp., has  announced it is establishing a direct commercial presence in Cambodia, to meet the country’s growing international shipping demands.

    With a direct presence in the country, businesses in Cambodia gain greater access to a wider portfolio of FedEx shipping solutions, while the local service provider continues to provide the local infrastructure for ground operations. Local customers will have access to a range of FedEx digital tools that makes shipping easier and more efficient through the FedEx website. This includes opening a new account, tracking shipment status in real time, creating shipping air waybills, scheduling courier pickups, and managing billing. Additionally, FedEx will now have dedicated Sales and Customer Service team members on ground to interact and provide enhanced logistics expertise to help local businesses grow their cross-border trade.

    Economic recovery in Cambodia is gathering speed with exports up 20% over the same period last year, reaching USD $27 billion during the first half of 2022.

    “FedEx continues to enhance its presence and services in emerging Southeast Asia markets like Cambodia to support the growth of small and medium sized enterprises (SMEs). Southeast Asia is one of the world’s fastest growing regions and its young and increasingly urbanized population is estimated to grow by 140 million new consumers by 2030,” said Kawal Preet, president of the Asia Pacific, Middle East, and Africa, FedEx Express. “Many of Cambodia’s biggest trading partners are located beyond the Asia region, in North America and Europe3 making a network like ours essential to provide greater access to international markets. As Cambodia’s stature in global trade continues to grow, its businesses need a more comprehensive range of services to help fuel the local economy.”

    “Expanding our direct presence in Cambodia enables us to be closer to our customers and deliver greater support for their international shipping needs. With a dedicated FedEx support team offering logistics expertise and access to an extended portfolio of time-definite international shipping services, we’re making shipping easier for Cambodian customers as they look to export to more international markets,” said Hardy Diec, managing director, FedEx Express Indochina.

    FedEx has been facilitating trade in Cambodia since 1994, offering international shipping solutions and connectivity through local service provider TSP Express. FedEx supports Cambodia’s coordinated efforts outlined in its Industrial Development Policy 2015 – 2025 to build an efficient transportation network to drive the country’s future economic growth. The FedEx direct presence in the country will help local businesses trade with ease and expand their reach to over 220 countries and territories that FedEx serves.

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  • One in five Vietnamese spend 9 hours a day online

    One in five Vietnamese spend 9 hours a day online

    A total 22% of Vietnamese use the internet for more than nine hours a day studying, entertainment and shopping, with the majority on their smartphones, a report has found.

    This is a surge from 2020 when only 9% of respondents used the internet for more than nine hours a day, according to the Vietnam E-commerce 2022 report by the Vietnam e-Commerce and Digital Economy Agency (iDEA).

    However, there were declines in internet usage time in other segments. As many as 27% say they use the internet from three to five hours a day, compared to 31% in 2020. Besides, 23% log five to seven hours, against 27% in 2020. Most respondents access the internet on their smartphones.

    The main reason Vietnamese people use the internet are studying, watching movies or listening to music, and online shopping said the report, which surveyed 4,584 respondents nationwide.

    Nearly 75% of respondents say they shop online, while 91% use their smartphones.

    The top sales categories are “clothes, footwear and cosmetics,” “household appliances”, and “electronic devices”. Cash remains king as 73% pay cash on delivery. But there is a rise in e-wallet usage, from 23% in 2020 to 37% last year. A quarter of respondents, 24%, say they spend more than VND10 million ($422) a year shopping online.

    Reputation of an e-commerce platform is the most important factor for online consumers, according to 74% of respondents.

    Other key factors are quick delivery and promotions.

    Vietnam’s e-commerce economy is set to grow 20% to 16.4 billion this year, approaching the 25% growth achieved in 2019 before the Covid-19 pandemic.

    iDEA estimates that at least 57 million people will shop online this year, up 4% from 2021.

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  • DHL allots €500m to boost contract logistics in India

    DHL allots €500m to boost contract logistics in India

    DHL Supply Chain (DHL) plans to invest €500 million in India over the next five years as it looks to grow its warehousing capacity, workforce and sustainability initiatives in the country.

    The company plans to own and operate large multi-client sites in India, adding 12 million square feet of warehousing space, to cater to growing sectors like e-commerce, retail, consumer, life sciences, technology, engineering and manufacturing as well as automotive.

    These warehouses will feature tech solutions like assisted picking robots, indoor robotic transport, intelligent process automation, wearable devices, voice picking, inventory management robots and algorithmic optimization..

    DHL will add 12 million square feet of capacity across wholly owned sites in key cities like Bangalore, Chennai, Kolkata, Mumbai, National Capital Region (NCR) and Pune. The company said multi-client sites are also being built in fast-growing state capitals and tier 2 cities like Ambala, Baddi, Cochin, Coimbatore, Guwahati, Sanand, Hyderabad, Jaipur, Indore, Lucknow, Bhubaneshwar, Hosur, and Visakhapatnam.

    DHL Supply Chain India will also open two new business support centers (BSC) in Bangalore and Pune within the next 12-18 months to support customer demand. The company runs three BSCs in Mumbai, Gurgaon and Chennai, providing 24/7 value-added services.

    “Asia Pacific currently accounts for about 15 percent of DHL Supply Chain’s global revenue but is among the fastest growing regions, with India being a key contributor to this growth. The Indian logistics market, worth over US$200 billion now, is expected to grow at about 10% per year in the next five years to reach around US$330 billion. We take a long-term view in India with businesses here having reasons to be optimistic,” said Terry Ryan, CEO, DHL Supply Chain Asia Pacific.

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  • SingPost names new CEO for international

    SingPost names new CEO for international

    Singapore Post Limited (SingPost) has elected Mr Li Yu as CEO for its international business with effect from 12 September 2022.

    Mr Yu possesses over 17 years of experience spanning across Engineering, Operations, Project Management, Customer/Sales support, Strategy, and Technology implementation. He joins SingPost’s management team from United Parcel Service (UPS), where he was most recently responsible for its APAC Global Logistics and Distribution.

    Yu also has experience in transformational P&L and commercial leadership under his belt. He had led an eCommerce portfolio as part of the broader logistics line of business, and grew businesses including those in the eCommerce, healthcare, manufacturing, and retail sectors in previous posts.

    Mr Yu will be establishing long and short-term business strategies for the International businesses, strengthening its corporate and board governance focusing on operational excellence, transformational growth, social responsibility, and sustainability.

    He holds a Bachelor of Applied Science, Industrial Engineering from University of Toronto in Canada. He has lived and worked in North America, Shanghai, and Singapore.

  • Hong Kong-based LF Logistics now part of Maersk

    Hong Kong-based LF Logistics now part of Maersk

    Maersk completed its US$3.6b acquisition of LF Logistics in late August, taking control of the Hong Kong-based contract logistics company, which will now be rebranded to Maersk.

    Maersk will add 223 warehouses to the existing portfolio, bringing the total number of facilities to 549 globally, spread across a total of 9.5 million square meters.

    LF Logistics, part of supply chain manager Li & Fung, employs 10,000 people, operates an extensive pan-Asia network and specializes in B2B and B2C distribution solutions within retail, wholesale, and e-commerce. It offers premium omnichannel fulfillment services, e-commerce, and inland transport in the Asia-Pacific region.

    As part of the transaction to acquire LF Logistics, Maersk has entered a strategic partnership with Li & Fung to develop a comprehensive range of end-to-end global supply chain services with Li & Fung focusing on the upstream supply chain and Maersk focusing on the downstream supply chain.

    “Historically, our focus has been on origin logistics or exports out of Asia, but now the region has transitioned into a large consumer market in its own right,” said Ditlev Blicher, Regional Managing Director of Asia Pacific at A.P. Moller – Maersk.

    Blicher noted that the combined team will provide strong omnichannel fulfillment capabilities that will enable exports into Asia and connect with the Asian consumer directly.” The parent company of Li & Fung will retain and continue to build its carved-out global freight management or GFM business.

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  • Vietnam’s first cargo airline inks deals with global manufacturers

    Vietnam’s first cargo airline inks deals with global manufacturers

    IPP Air Cargo, Vietnam’s first cargo airline, could start flying from November, with several partnerships already established, says its chairman Jonathan Hanh Nguyen.

    Nguyen said that the Government Office has ordered six related ministries for their feedback on licensing IPP Air Cargo. There could be clear actions regarding the licensing next week, he added.

    Although the cargo carrier is yet to receive its license, it has reached transport agreements with two world’s leading chip manufacturers with factories in northern Vietnam. Each company has registered to use two aircraft of IPP Air Cargo, he said, without identifying the companies.

    If it gets its license by the end of November, the airline will launch its first flight from Cat Bi Airport in the northern port city of Hai Phong, Nguyen said.

    IPP Air Cargo is also expected to operate a weekly flight transporting agricultural produce from Queensland, Australia to Vietnam’s Da Nang City starting next year, as discussed during this week’s visit by Mark Furner, Minister for Agricultural Industry Development and Fisheries of Queensland.

    The airline has completed procedures to rent four Boeing 737 800BCF aircraft, one of which has been delivered, with the rest due in December and next April. It also signed deals worth $3.5 billion to buy 10 Boeing 777 Freighters.

    IPP Air Cargo has a charter capital of VND300 billion ($12.81 million), with Imex Pan Pacific Group holding a 70-percent stake and the family of Johnathan Hanh Nguyen, the company chairman, the rest.

    Nguyen had mooted the establishment of the airline in 2021, but the Civil Aviation Authority of Vietnam said it was not considering applications amid the Covid-19 outbreak.

    After obtaining an air transport license, the company has to get other permits to fly, including the aircraft operator certificate.

    It targets revenues of $71 million in the first year of operation.

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  • FedEx to expand operations at Guangzhou hub

    FedEx to expand operations at Guangzhou hub

    FedEx Express announced last week it has signed an agreement with Guangdong Airport Authority Logistics Company to expand and upgrade the FedEx Guangzhou Gateway by establishing a new operations center at Guangzhou Baiyun International Airport.

    The new ‘FedEx South China Operations Centre’ will cover an area of over 41,000 square metrers, more than double the size of its existing gateway, and is scheduled for operations in 2027.

    The facility will connect outbound shipments from southern China with the FedEx international network through the Asia Pacific hub, where it will also receive and process inbound shipments.

    The operations center will include offices, state-of-the art sorting systems, operations areas and a warehouse with a capacity to sort up to 25,000 packages and documents per hour, three times the sorting efficiency of the current facility.

    FedEx’s Asia Pacific Hub at Guangzhou Baiyun International Airport connects Asian customers to the US and North American network through Anchorage and Memphis (USA), and the European network through Paris (France) and Cologne (Germany).

    The FedEx Asia Pacific Hub currently operates more than 210 flights per week, with the Guangzhou gateway handling approximately 40 percent of the hub’s import and export cargo volume.

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  • Cathay Pacific resumes freight service from WTB

    Cathay Pacific resumes freight service from WTB

    Cathay Pacific Cargo has resumed its weekly Boeing 747 freighter service from Toowoomba Wellcamp Airport (WTB) in Queensland, Australia to Hong Kong (HKG).

    The carrier said in a LinkedIn post on 4 August the new service will support local producers and exporters of chilled meats, vegetables and more to reach the Hong Kong market and beyond.

    Toowoomba Wellcamp Airport said the freighter service will serve as a gateway for oversize cargo, chilled meat, horticulture-fruit/vegetables, seafood, oil and gas, mining equipment and artwork.

    The airport operates its international air cargo terminal in conjunction with Menzies Aviation.

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  • DB Schenker offers charter flights to Latin America

    DB Schenker offers charter flights to Latin America

    Starting this week DB Schenker will offer additional charter capacities across the Atlantic. The new route starts from the Netherlands and reaches Brazil after two stopovers in the US. In South America, direct connections to Argentina and Chile are available. The weekly freight charter flight provides 50 tonnes of capacity and expands DB Schenker’s growing intercontinental flight network.

    Every Sunday night, the flight leaves Amsterdam (AMS) and stops in New York City (JFK) and Miami (MIA) on Monday before reaching Viracopos (VCP) near São Paulo on the same day. On Tuesdays, a direct connection can be made to Buenos Aires (EZP), and Santiago de Chile (SCL) can be reached on Wednesdays. An airline partner will be operating the new transatlantic route with Boeing 767 freighter jets. The charter flight’s stopover in Miami allows access to numerous further destinations in the operating carrier’s portfolio.

    The first bookings include a diverse range of goods, including many automotive parts. DB Schenker said emperature-controlled cargo and dangerous goods can also be transported upon request. Within Europe, the flights seamlessly connect to the forwarder’s land transportation network.

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  • Shipping firms report double-digit growth

    Shipping firms report double-digit growth

    Shipping companies have had one of their best quarters in years with most reporting double-digit growth thanks to high rates.

    Vinalines, the country’s biggest shipper, saw a near doubling of its profits year-on-year to VND1.43 trillion (US$61.19 million) in the second quarter.

    Private player Gemadept reported an 87 percent increase in profits to VND334 billion, the highest since the second quarter of 2018.

    Hai An Transport and Stevedoring made it to the top three after profits rose 3.3 times to VND324 billion.

    It was its most profitable quarter in nearly six years.

    Vietnam Ocean Shipping JSC (Vosco)’s profits were only up 7.5 percent to VND260 billion, but it was its most profitable quarter in 14 years.

    The Petrovietnam Transportation Corp (PVTrans)’s gross profit rose to a 15-year high of VND440 billion, but net profit fell 16 percent to VND265.5 billion as financial income decreased.

    The industry attributed growth to high freight rates, which have quadrupled since 2020 to $8,000 for a 40-feet container, according to data brokerage Bao Viet Securities compiled from Bloomberg.

    But market research firm FiinGroup warned that in the second half of this year the rates would fall and costs, especially of fuel, would rise.

    It also expected China to continue with its zero-Covid strategy, which could drag demand down.

    China accounted for a fourth of global goods throughput last year, according to data from its Ministry of Transport and German data portal Statista.

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  • DHL teams up with Coldplay to make their tour as sustainable as possible

    DHL teams up with Coldplay to make their tour as sustainable as possible

    DHL, a pioneer in the field of sustainable transport and logistics, has announced that it will support Coldplay’s efforts to reduce CO2 emissions by more than 50% during its Music of the Spheres concert tour.

    While every global music tour requires intensive preparation and complex logistics, Coldplay has added to this complexity by setting an ambitious goal to make the tour as sustainable as possible, with the support of DHL’s extensive expertise in the field.

    “As leaders in our industries, it is our responsibility to lead the change but also inspire and facilitate sustainable solutions for other businesses and brands. We feel honored and proud that Coldplay has selected DHL to embark on this journey for change,” commented Monika Schaller, Executive Vice President of Corporate Communications, Sustainability & Brand, Deutsche Post DHL Group.

    Coldplay selected DHL as its logistics partner due to the company’s extensive expertise in sustainable logistics solutions. As the world’s leading logistics provider, DHL will support Coldplay’s efforts, especially in the field of sustainable transportation, by offering multi-faceted approach to lowering CO2 emissions.

    With its GoGreen Plus Service, DHL’s customers are offered a suite of solutions for minimizing logistics-related emissions and other environmental impacts along the entire supply chain. Ocean and air freight emissions are reduced by the use of advanced biofuels. For land transportation, DHL is able to call upon an extensive fleet of electric vehicles and trucks fueled with Bio-LNG (liquified natural gas made from organic waste). The remaining part of the supply chain is made climate neutral by full lifecycle emission compensation – drawing down and offsetting any residual carbon emissions. DHL can ensure the lower CO2 emissions of their services are transparently passed onto its customers.

    DHL and Coldplay’s shared hope is that the Music of the Spheres Tour will provide lessons and best practices for other artists to build on and push the live music industry towards an ultra-low-carbon and sustainable future.

    Coldplay’s co-manager Phil Harvey stated: “When we announced this tour, we pledged to reduce primary carbon emissions by more than 50% compared to the last tour.   This can only happen with tour partners who share this vision and are willing to invest the necessary resources to make it happen.   We’re grateful to DHL for their help in minimizing our tour’s freight emissions through their expertise and investment in sustainable logistics.”

    In line with the company’s sustainability strategy to achieve net-zero emissions by 2050 (“Mission 2050”), DHL is committed to sustainable logistics solutions that will decarbonise the entire logistics sector. As part of Deutsche Post DHL Group’s mid-term sustainability roadmap for 2030, the group strives to achieve the sub-target of having at least 30 percent of fuel requirements covered by sustainable fuels. To reduce CO2 emissions in line with the Paris Climate Agreement, the Group will spend €7 billion on sustainable fuel and clean technologies by 2030.

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  • FedEx and eBay Team Up to Boost APAC Businesses Through New E-commerce Offerings

    FedEx and eBay Team Up to Boost APAC Businesses Through New E-commerce Offerings

    FedEx Express, a subsidiary of FedEx and one of the world’s largest express transportation companies, announced a new alliance with eBay, a leading e-commerce marketplace platform for fast-growing and established brands worldwide. eBay sellers in the Asia Pacific region can now sign up for a FedEx account and gain access to the full spectrum of FedEx e-commerce delivery service options at competitive rates.

    Marketplace sales account for 67% of e-commerce globally, with the Asia Pacific e-commerce market expected to grow by about 14% annually, reaching US $352.68 trillion by 2030. This collaboration will help propel e-merchants – especially small business owners – amidst booming e-commerce in the region, driven by consumers’ changing behaviors toward shopping online accelerated by the pandemic.

    Through this collaboration, eBay sellers will be able to provide their customers with a more premium delivery experience powered by FedEx shipping solutions. Key benefits under the current strategic program include:

    • Competitive rates: eBay sellers will receive competitive discount rates on FedEx Express services.
    • Enhanced shipping capabilities: FedEx offers eBay sellers a wide range of services that are critical for cross-border e-commerce, including FedEx Electronic Trade Documents; FedEx Home Delivery, which now delivers seven days a week; a portfolio of flexible, simple returns options; and the FedEx Hold-at-Location which gives consumers a choice to have their packages delivered conveniently and safely to various grocery stores, pharmacies and FedEx Office locations.
    • Direct contact with FedEx: eBay sellers will get their own FedEx account to use any shipping solution from the vast portfolio that FedEx provides. Additionally, eBay sellers can contact FedEx directly for pickups and billing questions, as well as to order shipping forms or other delivery supplies, reroute packages and manage their My FedEx Rewards account.

    “E-commerce has become the new growth engine behind the APAC economy. Logistics services providers like FedEx, therefore, play a critical role in helping e-commerce businesses deliver seamless customer experiences from online to the physical world,” said Kawal Preet, president of Asia Pacific, Middle East and Africa (AMEA) at FedEx Express. “We’re thrilled about this collaboration with eBay that enables easier access to more markets through our international logistics services. By providing international shipping solutions at highly competitive rates, we are helping eBay sellers make the most out of our premium services and products as they continue expanding overseas.”

    “eBay has been driving retail export in the region and enabling our sellers to grow their business via our global marketplace,” said Jenny Hui, General Manager of Cross Border Trade, Hong Kong, Taiwan and Global Emerging Markets at eBay. “Shipping is a critical component of the cross border e-commerce ecosystem. Teaming up with FedEx, one of the world’s most well-respected e-commerce transportation and logistics carriers, gives our sellers access to a unique set of capabilities and rates, which ultimately enables them to provide their global customers with retail-standard buyer experience.”

    The collaboration reflects the latest effort in strengthening the FedEx leadership in the e-commerce ecosystem through strategic collaborations with leading marketplaces and technology providers. To date, FedEx has integrated with more than 17 marketplace providers, including BigCommerce, an open SaaS e-commerce platform, allowing hundreds of thousands of e-tailers across Asia Pacific direct access to FedEx services, using their FedEx account number, to manage shipments and grow their cross-border e-commerce business.