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
Add BT as a preferred source
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.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
