Subscribe to our free, weekly email newsletter!


FedEx Express rolls out new Vietnam flight

By Jeff Berman, Group News Editor
November 30, 2010

FedEx subsidiary FedEx Express recently announced it has launched a new flight to and from Hanoi, Vietnam, which will run weekly from Tuesday through Friday.

Company officials said this flight will improve transit times for outbound shipments from Hanoi by one day to multiple destinations, including China, and is part of the company’s effort to be more responsive to the needs of its customers in Vietnam and the Asia Pacific region.

“FedEx has always focused on listening to our customers and meeting their shipping needs,” said David L. Cunningham Jr., president of FedEx Express, Asia Pacific, in an interview.  “Vietnam has demonstrated strong growth in recent years. Export turnover in the first nine months rose 23.2% year-on-year [according to Monthly Statistics Information, Vietnam General Statistics Office, Oct 2010].. Like manufacturers everywhere, those in Vietnam are looking for ways to extract the greatest efficiencies from their supply chains in order to remain competitive.”

Cunningham added that with this service, FedEx further strengthens its leadership and network connectivity in the region. Currently, FedEx connects Vietnam to 22 key Asian cities with the industry’s most extensive intra-Asian network, FedEx AsiaOne. Through the AsiaOne network, businesses in Vietnam are connected to the world through our global network, he said.

With this new flight, FedEx Express now operates around ten flights per week, connecting Vietnam with its major trading partners – the U.S., the E.U., Japan, China and other markets in Asia.

FedEx officials said in a statement that the company has been investing significantly in its operations in Vietnam since diplomatic relations with the U.S.A. were re-established in 1994. They added that FedEx is the first international express transportation company to have its own flights flying into and out of Vietnam. And in 2008, FedEx said it launched an Airbus 310 flight service linking Vietnam and global markets, which increased the company’s transportation capacity into and out of Vietnam five-fold, to more than 30,000kg a day.

The company also pointed out that China has become Vietnam’s biggest trading partner for the past six years, with first quarter trade volume between the countries rising 47.6 percent to $5.554 billion.

 

About the Author

Jeff Berman headshot
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

UPS said that through this acquisition it will augment its healthcare expertise and network in Europe, specifically in the fast growing healthcare markets in Central and Eastern Europe.

Carloads were up 12.1 percent at 312,271, and intermodal at 280,337 containers and trailers saw a 4.5 percent annual gain.

Total November POLB volumes were up 2.1 percent year-over-year at 581,514 TEU, and POLA volumes in November decreased 3 percent compared to November 2013 at 663,346 TEU.

When railroads are doing business with a larger than large customer like UPS, it stands to reason, it can often be the best, and worst, of both worlds, depending on how things are going. That was one of the main takeaways from a presentation by UPS Vice President of Corporate Transportation Services Ken Buenker at this year’s RailTrends conference in New York.

While many market conditions are working against shippers, the most recent edition of the Shippers Condition Index (SCI) from freight transportation consultancy FTR shows that things may be improving, albeit slowly.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA