Others News
- FedEx to offer next-day deliveries
Date: 22-Mar-2007 Sources: (Shenzhen Daily)
FEDEX, the U.S. package delivery group, is to launch guaranteed next-day deliveries within China for the first time in May, highlighting the increasing sophistication of transportation and logistics services in the country.
The group will offer time-definite overnight deliveries to 19 of China's biggest cities and day-definite deliveries to more than 200. Customers will receive a refund if deliveries are not made by the guaranteed time ?an entitlement U.S. and European businesses have been accustomed to for years.
The launch signals FedEx's confidence that Chinese transportation infrastructure has become reliable enough to support a high-speed delivery network.
It also reflects a shift by international transportation and logistics companies towards the Chinese domestic market after years spent focused on Chinese exports.
UPS, the largest U.S. package delivery group, and German-owned DHL are also developing domestic express networks in China. DHL announced plans last month to invest US$110 million to expand its Chinese business over next few years, in addition to the near US$1 billion it has already invested in the Greater China region.
Eddy Chan, senior vice president of FedEx in China, said 90 percent of the group's existing Chinese customers had expressed the need for a reliable domestic express service.
'This is a strong signal to us that many companies view domestic express service in China as a catalyst for growth and competitiveness,'he said.
The service will be operated in partnership with Okay Airways, a Chinese airline, and centered around a newly built package sorting hub at Hangzhou Xiaoshan airport in Zhejiang Province.
The group is also planning to move its main Asian international air hub from the Philippines to Guangzhou.
Sponsor Results:
