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

February manufacturing data issued today by the Institute for Supply Management (ISM) dipped slightly compared to January, according to the most recent edition of the organization’s Manufacturing Report on Business.

As U.S. West Coast ports begin to address their critical congestion issues, an innovative approach is being launched at San Pedro Bay.

The ongoing financial travails of the Highway Trust Fund was made clear in a position paper recently issued by Jeff Davis, senior fellow at the Eno Center for Transportation. In the paper–entitled “Why Not A Ten-Year Surface Transportation Bill?”-Davis points to past federal transportation bills, as well as the White House’s GROW AMERICA proposal as having one fatal flaw in common: they each leave the HTF on worst financial shape after the bill expires than it was prior to the bill being enacted.

Working with research partner, The Economist Intelligence Unit, the IBM Institute for Business Value surveyed 1,023 global procurement executives from 41 countries in North America, Europe and Asia.

U.S. Carloads were down 7.8 percent annually at 259,544, and intermodal volume was off 15.7 percent for the week ending February 21 at 213,617 containers and trailers.

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 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA