FEDEX FREIGHT STARTS ASIA-TO-U.S. OCEAN FREIGHT SERVICE

FEDEX FREIGHT STARTS ASIA-TO-U.S. OCEAN FREIGHT SERVICE

   FedEx Freight has started ocean and ground service from Asia to the nearly any U.S. destination through the company’s zip-code-based FedEx Trade Networks Ocean-Ground Distribution service.

   FedEx Freight, the regional less-than-truckload operations of FedEx Corp., operates its ocean services in conjunctions with FedEx Trade Networks and FedEx Ground.

   FedEx Trade Networks prepares the freight containers in Asia, and manages the ocean portion of the service, in addition to customs clearance and document preparation. FedEx Freight and FedEx Ground handle the inland distribution once shipments cleared at U.S. container freight stations in gateway cities.

   FedEx Freight said the service helps shippers reduce inventory cycle time with fast overall transit times and fewer processes than traditional ocean services from Asia.

   “Shippers, and their CFOs (chief financial officers) will appreciate the potential cost-savings efficiencies from a streamlined supply chain and elimination of the need for safety stock and distribution centers,” said Douglas G. Duncan, president and chief executive of FedEx Freight.

   Cargo moving through this new ocean transport service may be tracked from origin to destination through a FedEx secure web site.

   “This information enhances shippers’ ability to quote and maintain delivery dates for customers, providing them both with a high level of comfort and the option to carry less inventory, and possibly bypass distribution centers,” FedEx Freight said.