Subscribe to our free, weekly email newsletter!


FedEx Trade Networks rolls out new ocean freight forwarding services

By Jeff Berman, Group News Editor
July 19, 2011

FedEx subsidiary FedEx Trade Networks, the company’s global trade arm, is taking steps to augment its ocean freight forwarding services in the form of a new Ocean Choices portfolio the company introduced today.

Company officials said that this portfolio enables shippers to choose and implement the ocean service that best meets their specific supply chain needs. These new services include:
-FedEx International Direct Economy Ocean: a traditional freight forwarding service to and from major worldwide networks for products that have a flexible delivery schedule;
-FedEx International DirectDistribution Ocean: leveraging a distribution center bypass, this option provides speed-to-market ocean shipping services to U.S.-, Canada-, and Puerto Rico-bound destinations from origins in Asia, Latin America, Middle East, India, and Europe; and
-FedEx International Direct Priority Ocean: a service comprised of reliable ocean delivery services for less-than-container load (LCL) and full-container-load (FCL) cargo, which moves cargo in and out of the ports of Los Angeles and Long Beach from origins in Yantian/Shenzen, Shanghai, and Hong Kong, and offers delivery for LCL shipments via FedEx’ less-than-truckload unit FedEx Freight for FCL shipments via the FedEx Trade Networks preferred carrier portfolio.

“The launch of this new portfolio came in response to our customer needs and demands,” FedEx Trade Networks spokesperson Gretchen Mathis told LM. “It was clear to us that they wanted more choices for their ocean freight forwarding—more flexibility, more options—and we’re confident that the ocean choices portfolio will deliver precisely that.”

Shippers, said Mathis, will benefit from the fact that they now can choose from three distinct ocean freight forwarding services, backed by the confidence of the FedEx brand, adding that hey are no longer limited by a ‘one-size-fits-all’ service, and instead, can choose the ocean freight forwarding solution that best fits their business.

“We understand that our customers have different shipping needs, depending on the product they’re shipping,” said Fred Schardt, president and CEO of FedEx Trade Networks. “Through our new Ocean Choices portfolio, customers now have the ability to match their demands with our ocean service levels, helping them to take greater control of their supply chains and operate more efficiently.”

Since 2008, FedEx Trade Networks has opened up 38 global offices along with its more than 70 locations in the United States and Canada.

Other services provided for shippers by FedEx Trade Networks in its offices include Global Order Logistics, FedEx International Direct Distribution, and trade and customs advisory services, and access to the global FedEx network.

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

As expected, global trade dipped from August to September but still saw annual gains, according to data issued this week by Panjiva, an online search engine with detailed information on global suppliers and manufacturers.

Transportation and logistics merger and acquisition (M&A) activity in the third quarter saw annual gains, which were driven by smaller deals in the trucking logistics, shipping, and passenger air sectors, according to data issued in the Intersections report by PwC this week.

With the holidays rapidly approaching, it appears retailers are not quite done getting inventory set up and on the shelves in time for what is expected to be a fairly active shopping season. That much was evident based on recent data for September volumes issued by the Port of Los Angeles (POLA) and the Port of Long Beach (POLB).

Join Industry Expert Adrian Gonzalez for this educational webinar on the tenets and the benefits of Closed-Loop Operational Management. You’ll learn how Closed-Loop Operational Management optimizes orders, inventory, and transportation concurrently, and how it is able to optimize large-scale problems on a daily basis.

In a separate conference call following CP’s third quarter earnings release call yesterday, CP CEO Hunter Harrison make myriad convincing points for a merger between CP and CSX and offered up his take in general industry M&A as well.

Article Topics

News · Global Logistics · FedEx · LTL · Ocean Shipping · LCL · FCL · All topics

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