FedEx Express, the world’s largest express transportation company and a subsidiary of FedEx Corp, has announced the launch of its FedEx International Economy® and FedEx International Economy® Freight services in the Kingdom of Saudi Arabia. The company’s deferred services will allow businesses in Saudi Arabia to expand their global reach in a cost-effective and reliable way.
FedEx International Economy® and FedEx International Economy® Freight are cross-border, customs-cleared, door-to-door services that allow customers to save on less time-sensitive deliveries of shipments up to 68kgs using FedEx International Economy®, as well as medium to heavy shipments ranging from 68kgs to 1,000kgs using FedEx International Economy® Freight, without compromising on reliability. These services are ideal for small and medium-sized enterprises (SMEs) that are more cost-sensitive when it comes to running their business.
The SME sector is seen as a crucial economic engine of Saudi Arabia and a critical new employment producer in the Kingdom. As SMEs expand their footprint in the Middle East and North Africa region, it is reported that they are specifically searching for other shipping choices, such as economical deferred shipping services in addition to express services. “By 2030, Saudi Arabia’s SME sector is estimated to contribute to the country’s GDP by 35%, in line with the objectives of the country’s Vision 2030,” said Taarek Hinedi, Vice President of FedEx Express Middle East and Africa operations.
The launch of the international economy services in the Kingdom is part of FedEx’s continued efforts to provide businesses with a range of shipping solutions that offer more value while contributing positively to the growth of local industries. FedEx Express Middle East and Africa operations hope to further enhance their services in the Middle East and North Africa region and continue to cater to the needs of SMEs in the area.
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