Sunday, March 25, 2007

FedEx Will Soon Absolutely Positively Overnight Your Stuff to China

Posted By on Sun, Mar 25, 2007 at 4:00 AM

FedEx is set to launch guaranteed next-day deliveries within China in May, signaling the company's increasing commitment to international business in that country, and affirming the increasing sophistication of China's transportation services.

The Financial Times is reporting FedEx will offer time-definite overnight deliveries to 19 of China's biggest cities and day-definite deliveries to more than 200.

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.

FedEx last year paid $400m to take full control of its Chinese joint venture with Tianjin Datian W. Group. More here.

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