FedEx announces expansion on Mexican border

FedEx announces expansion on Mexican border    FedEx Corp. said it is expanding its FedEx Transborder Distribution service for cross-border trade between Mexico and the United States.
   This expansion includes the recent opening of two border facilities — one in Ciudad Juarez, Mexico, the other in El Paso, Texas — to help facilitate the flow of goods.
   “With this expanded cross-border solution, FedEx looks to simplify the supply chain process by managing the transportation, brokerage and distribution of shipments that cross the Mexico-U.S. border on a regular basis,” said Ed Clark, chief executive officer and president of FedEx Trade Networks. “The vision is to create a single point of contact to facilitate the efficiency of the entire process.”
   The company said the new facilities will help it “work hand-in-hand with maquilas and companies utilizing maquilas (or other duty-deferral programs) as part of their supply chain, so they can benefit from a simplified shipping and customs clearance process managed entirely by FedEx.”