FedEx Expands Cross-Border Solutions to Facilitate Trade along Mexico-U.S. Border
FedEx Corporation announced today the expansion of the FedEx Transborder Distribution service for cross-border trade between Mexico and the U.S.
The enhanced solution provides importers and exporters with a portfolio of FedEx services designed to simplify cross-border trade and help their businesses flourish.
This expansion includes the recent opening of two border facilities ” one in Ciudad Juarez, Mexico, the other in El Paso, Texas ” to help facilitate the flow of goods.
With this expanded cross-border solution, FedEx looks to simplify the supply chain process by managing the transportation, brokerage and distribution of shipments that cross the Mexico-U.S. border on a regular basis, said Ed Clark, chief executive officer and president of FedEx Trade Networks. The vision is to create a single point of contact to facilitate the efficiency of the entire process.
This expanded solution will also help FedEx work hand-in-hand with maquilas and companies utilizing maquilas (or other duty-deferral programs) as part of their supply chain, so they can benefit from a simplified shipping and customs clearance process managed entirely by FedEx.
The FedEx companies have significant expertise with maquila operations and the procedures to remain in compliance with Customs regulations in the U.S. and Mexico.
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