FedEx throws weight behind freight to fire up Apac growth engine

FedEx throws weight behind freight to fire up Apac growth engine


Its three major hubs in Incheon, Tokyo and Singapore are full-sized warehouses capable of life science logistics to serve the biomedical and pharmaceutical industries

THE idea that American transportation and logistics giant FedEx wants to boost its earnings from freight forwarding appears puzzling at first. After all, its chief business is that of handling freighting.

But this represents a side of the business that FedEx has not focused its attention on until now.

Eric Tan, managing director of FedEx Express Singapore, sees a “huge opportunity” in the freight forwarding segment.

Copyright SPH Media. All rights reserved.



Source link

Posted in

Brand Post

I am an editor for IBW, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

Leave a Comment