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2004 Press Releases
Singapore, March 22, 2004 – FedEx Express (FedEx), the world's largest express transportation company, today announced the launch of its new International Priority Dangerous Goods (DG) service for shipments containing restricted items.
Speaking at the launch event, Peter Yin, Regional Vice President for FedEx South Pacific said "FedEx is Singapore's leading express transportation company, and we are committed to growing our presence in Singapore, based on the needs of local businesses, and as our customer base continues to grow"
Ramesh Kumar Singam, Managing Director for FedEx Singapore and Indonesia stated that with the official launch of the service "FedEx continues to enhance its services to customers, particularly in the aerospace and biotechnology sectors. The enhanced service will ensure more convenient access to FedEx's time-definite service, essential for the high-value or time-sensitive products in the aerospace and biotechnology sectors."
FedEx offers door-to-door delivery and pick up of those restricted or classified products, providing Singapore businesses with the leading express delivery service within Asia, and to or from Europe and North America.
"This new service reinforces our confidence in Singapore as a good place to do business. With such a robust local economy, FedEx is well positioned to support the strong export demand for goods manufactured in Singapore, and the growing local demand for biotech and aerospace products" said Mr. Kumar.
The FedEx IPDG service will support Singapore's growing aerospace and biotechnology sectors, with the reliable time-definite transport of high-value items including blood-products, chemical compounds and catalysts required for research or production, aircraft engines with residual fuel, batteries and specialized aerospace paint and polymers.
FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX), connects areas that generate 90% of the world's gross domestic product in one to three business days with door-to-door, customs-cleared service. 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 3.1 million items to 215 countries each working day. FedEx employs approximately 225,000 employees and has more than 50,000 drop-off locations, 643 aircraft and approximately 43,000 vehicles in its integrated global network.
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