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Today's Feature


FedEx Trade Networks brings ease and reliability to fast forwarding


FedEx Trade Networks brings ease and reliability to fast forwarding

FedEx Trade Networks, the freight forwarding and customs brokerage arm of global shipping giant FedEx Corp, provides customers around the world with multi-modal solutions to match their unique supply chain needs.

Industry veteran Joseph Frank, vice president, FedEx Trade Networks, Asia, first worked for an ocean carrier in the 1970s when intermodal transport was largely unknown.

So, it is no surprise that he embraces ongoing trade development like Beijing's "One Road, One Belt" initiative and anticipates FedEx Trade Networks will play a larger role in the project one day.

China's proposed "One Road, One Belt" will build railways, roads, tunnels and bridges along Marco Polo's Asia-Europe Old Silk Road through joint ventures and public/private partnerships.

But Mr Frank cautions against solely relying on land bridges. "Remember that the volumes rail structures can handle do not come close to what you can do by ocean," said Mr Frank.

One Eurasian land bridge obstacle is the low-level infrastructure development along the way, which is years away from matching US and Canadian railway double stacking of enormous intermodal freight trains.

Before that happens, there must be the removal, bypassing or upgrading of bridges and tunnels that would make North American rail volumes possible on Eurasian routes.

While Mr Frank sees value in intermodal capabilities coming to fruition along Marco Polo's Old Silk Road, he believes ocean transport still holds the higher volume potential between Asia and Europe.

Nonetheless, Mr Frank sees FedEx Trade Networks playing a significant role. "We see this as a great opportunity because it's going to be similar to the development of the intermodal rail services you see in North America or what you see in Europe," said Mr Frank.


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