FedEx expands its Latin American Network

FedEx Trade Networks, the freight forwarding division of global courier and worldwide shipping company FedEx Corp, announced expansion of its infrastructure in Latin America yesterday afternoon. 

The company has opened new offices in Brazil and Mexico and made strategic alliances with regional service providers to enable service delivery across 19 countries in South and Central America.

Fred Schardt, president and CEO of FedEx Trade Networks said, “Trade volumes continue to increase in Latin America, and our expansion efforts provide customers with greater access to superior freight forwarding in these emerging markets.”

The company includes the addition of a new service in its list of infrastructure expansions: an air consolidation service between Mexico and Brazil is now available, flying between Benito Juárez International Aiport in Mexico City and São Paulo-Guarulhos International Airport in São Paulo, Brazil’s largest city and commercial centre.

FedEx’s announcement comes shortly after DHL announced the significant expansion of its Asian network, and TNT Express declared its intention to  divest from China and Brazil to focus on European markets, indicating a time of rapid development and change for the freight forwarding and worldwide courier industries.

Source: FedEx

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FedEx Freight shipping rates to increase in July 2012

Last week, FedEx Freight confirmed plans about an increase in its shipping rates by 6.9 percent.

The new rate change is going to take effect on 9^th July 2012 and will affect freight shipments within and to Canada. The same applies to the contiguous USA. Beyond that, freight shipped to Mexico from the USA will also be charged by 6.9 percent more. However, this will only affect transport from the U.S to the Mexico border.

Taking effect on 9^th July any freight shipments falling under the FXF 100, FXF 500 and series related rates will experience higher charges. Despite the rate increases, FedEx Freight promised that it was not going to change its fuel surcharges.

Visit the FedEx website for more information about the new FedEx Freight base rates and tariff rules.

Source: FedEx

FedEx and Vital Voices team up to help empower women in Latin America

FedEx Express and Hillary Clinton's NGO, Vital Voices Global Partnership, have formed the alliance, "FedEx & Vital Voices Building the Future: Educating Women, Harnessing Potential", in order to support businesswomen in Latin America. 

Logo c/o vitalvoices.org

The alliance aims at empowering female business owners and entrepreneurs. Vital Voices and FedEx Express will offer business education and training including workshops where women can acquire and expand on their technical and soft skills. Beyond that, seminars will cover essential business topics such as export, business English, HR practises, marketing and technology.

Juan N. Cento, president for FedEx Express, Latin American and Caribbean Division, emphasised the importance of the private sector as well as the importance of supplying female business leaders with educational resources.

"[W]e believe that providing these women with access to education and resources they need to compete in the global marketplace is key to the long-tem prosperity of the region."

The results of a recently published survey about occupation and employment in Mexico, showed a rise in the number of female business executives and owners by 38.9% in 2011. Moreover, the 2020 Secarios Research Report expects Brazil's female workforce including businesswomen with their own staff to grow from 24% to 42% by 2020.

"This alliance will expand access to education and needs-based training for members of the Latin America and the Caribbean Businesswomen's Network, enhancing their ability to lead their companies and communities forward", said Alyse Nelson, president and chief executive officer of Vital Voices.

FedEx Express as well as Vital Voices will provide women with access to their capacity-building initiatives throughout the Latin American region. 

Source: FedEx Express