FedEx launches international economy freight services in Saudi Arabia

FedEx Express, a subsidiary of FedEx Corp and the world’s largest express transportation company, today announced the launch of its FedEx International Economy® and FedEx International Economy® Freight services in the Kingdom of Saudi Arabia.

The deferred services will allow companies in Saudi Arabia to expand their global reach in a cost-effective and reliable manner.

FedEx International Economy® and FedEx International Economy® Freight are affordable, cross-border, duty-paid, door-to-door services with day-definite delivery.

The services enable customers to save on less time-sensitive deliveries of shipments up to 68 kg with FedEx International Economy® and medium to heavy shipments from 68 kg to 1,000 kg with FedEx International Economy® Freight without compromising on reliability.

FedEx International Economy services are ideal for small and medium-sized businesses (SMBs) that are more sensitive to the costs of doing business.

With these services, SMBs benefit from the strong, global FedEx network coupled with the company’s reliable services at a competitive price for non-urgent shipments.

Taarek Hinedi, Vice President of FedEx Express Middle East and Africa Operations, said: “Saudi Arabia’s SME sector is estimated to contribute 35% of the country’s GDP by 2030, in line with the targets of the country’s Vision 2030.

“The launch of our international economy services in the Kingdom is part of our ongoing effort to offer businesses a range of shipping solutions that add value while positively contributing to the growth of the local industry.”

The SME sector is seen as a key economic driver of Saudi Arabia and an important new source of employment in the Kingdom. As SMEs expand their presence in the Middle East and North Africa, they are reportedly looking to other shipping options, such as: B. Inexpensive delayed shipping services in addition to express services.