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FedEx expands Latin America forwarding

MEMPHIS: FedEx Trade Networks has added service alternatives for shippers to key destinations in Latin America from Frankfurt, Hong Kong and Dallas, TX.

The Integrator's forwarding and Customs brokerage arm says it is now offering pricing for airport-to-airport, airport-to-door, door-to-airport and door-to-door.

FedEx mexico 1"We're committed to supporting our customers with more shipping options to Latin America to meet their growing business needs," said John Gazitua, managing director, FedEx Trade Networks, Latin America-Caribbean region. "Mexico and Brazil are two strong examples of key markets for the automotive, aircraft and electronic industries and we are very focused on providing total end-to-end international freight forwarding solutions and greater market access in the area."

The trade lanes include daily flights from Frankfurt to Mexico City and Guadalajara plus a consolidation service to São Paulo and Campinas; a five days a week frequency from Hong Kong to Mexico City and Guadalajara; and daily air or truck options from Dallas to Mexico City, Guadalajara and Monterrey.

According to the latest U.S. Department of Transportation (DoT) figures, trucks carried a 67.6 percent share of the US$43.9 billion freight traffic between the U.S. and Mexico followed by rail, 14.2 percent; marine vessel, 12.2 percent; air, 2.8 percent; and pipeline, 0.9 percent. Truck, rail and pipeline carried 82.6 percent of the total freight flows. The top commodity shipped between the two countries in November 2014 was electrical machinery, of which $7.5 billion, or 92.7 percent, moved by truck.

Compared to same month in 2013, the DoT said freight moved by truck between Mexico and the U.S. increased 4.3 percent while rail rose 0.3 percent. Freight carried by ocean carrier fell 5.2 percent due to lower mineral fuel prices and airfreight dropped 9.9 percent due to a fall in trade of electrical machinery and precious stones.

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