FedEx Corp. is expanding its Fed Ex Transborder Distribution service to handle more cross-border trade between Mexico and the U.S. The company is beefing up its portfolio of services designed to simplify cross-border trade for importers and exporters and adding two new border facilities — one in Ciudad Juarez, Mexico, the other in El Paso, TX — to help facilitate the flow of goods.
“With this expanded cross-border solution, we're looking to…create a single point of contact to facilitate the efficiency of the entire process,” says Ed Clark, president & CEO of FedEx Trade Networks.
He says this expanded solution will also help FedEx work hand-in-hand with maquilas and companies using maquilas (or other duty-deferral programs) as part of their supply chain.
The expanded trans-border trade network includes the following advantages: moving cargo directly from point of origin to maquilas in Mexico, and from the maquilas to distribution centers or end users in the U.S. based on a company's factory production needs; providing online shipment visibility so customers can efficiently manage their supply chain operations; consolidated invoicing or split billing options; and offering comprehensive brokerage solutions.
In addition to the Mexico-U.S. border-crossing services provided through FedEx Transborder Distribution, Clark says FedEx could also handle cargo movement from Asia or Europe into the U.S., across the border into Mexico to maquilas, and back to the U.S.