FedEx Express has launched its International Economy service in India to expand its serviceportfolio for local customers and strengthen the company’s presence in the country.
FedEx International Economy is an economical, day-definite, customs-cleared, door-to-doorservice. It features transit times that are usually two business days longer than those of premiumFedEx International Priority service, designed for more time-sensitive shipments.
Offered on competitive list rates and backed by a money-back guarantee, FedEx InternationalEconomy typically delivers packages within four to six business days for US, European, Middle Eastor Asian markets. As with the FedEx International Priority service, customers can use fedex.com foronline tracking with proactive e-mail notification.
FedEx International Economy is specially designed for customers with less urgent shipmentsunder 68 kg, but who require reliability and cost-efficiency as top priority, FedEx said in astatement.
“We believe there is a clear demand for a service that lies between our premium InternationalPriority express service and air cargo,” said Hamdi Osman, senior vice president, FedEx ExpressEurope, Middle East, Indian Subcontinent & Africa. “Our International Economy service meetsthat need for customers, and at the same time broadens the portfolio of shipping options that FedExoffers.”
Small- to medium-sized enterprises (SMEs) in particular will be able to profit from FedExInternational Economy service, among others, as they require express solutions that are bothcost-efficient and reliable, the company added.
SMEs have become increasingly important at the global level with SME exports contributingaround 33% to India’s total exports.
