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Press Releases
Department's new Air Cargo Clearance System hailed by industry as significant solution to cargo operations
HONG KONG, December 14, 1998 - Federal Express Corporation (FedEx), the world's largest air express transportation company, paid tribute to the Customs and Excise Department of Hong Kong for its outstanding contribution to the air transport industry. The Department's Air Cargo Clearance System (ACCS), the latest development in transport technology, has helped streamline shipment processing operations and minimize the processing time by at least two hours.
In support of the air transportation industry, Mr. John E. Quinn, Vice President of FedEx, Mid-Pacific region presented an achievement plaque to Mr. Raymond Li, Acting Commissioner, Customs and Excise Department of Hong Kong at a ceremony last Friday.
"FedEx is recognizing the Hong Kong Customs and Excise Department for its successful implementation of the Air Cargo Clearance System. The ACCS expedites customs clearance and supports the continuing development of the air transportation industry," said Mr. Quinn at the plaque presentation ceremony.
A pioneer in the Just-in-Time delivery business, FedEx sees the ACCS instrumental in maximizing value for the customer in the air transportation industry. Before the development of ACCS, inbound shipments could only be processed and cleared by customs manually upon arrival. With ACCS, data can be processed before the shipment arrives at the airport, thus reducing processing time significantly by at least two hours and facilitating faster and more efficient customs clearance for Hong Kong.
"We are proud to receive this honor from the air transportation industry," said Mr. Li. "The industry's support encourages us to further our efforts to make Hong Kong a more advanced and competitive hub."
FedEx currently serves more than 30 countries and territories in the Asia Pacific market. The company provides the most extensive trans-Pacific airlift of any major competitor. Operating its own wide-bodied MD-11, DC-10 and A310 aircraft, FedEx offers over 260 flights per week to the following locations: Bangkok, Beijing, Cebu, Hong Kong, Jakarta, Kaohsiung, Kuala Lumpur, Manila, Osaka, Penang, Seoul, Shanghai, Singapore, Subic Bay, Sydney, Taipei, and Tokyo, as well as destinations in the U.S.
Federal Express connects areas that generate 90 percent of the world's gross domestic product in 24 to 48 hours with door-to-door, customs-cleared service and a money-back guarantee*. The company's unmatched air route authorities and infrastructure make it the world's largest express transportation company, providing fast, reliable and time-definite transportation of more than 3 million items in 211 countries each working day. FedEx and has more than 142,000 employees, 44,700 drop-off locations, 615 aircraft and 40,900 vehicles in its integrated global network. The company maintains electronic connections with more than a million customers via FedEx PowerShip®, FedEx Ship®, and FedEx interNetShip®. Federal Express reported revenues of US$13.3 billion for its fiscal year ended May 31, 1998.
* Certain restrictions apply
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