FedEx forwarding unit expands in Asia, Europe

FedEx forwarding unit expands in Asia, Europe    FedEx's freight forwarder subsidiary FedEx Trade Networks said Thursday it has opened seven new offices in Asia and Europe as part of an aggressive global expansion plan.
   The company has opened 14 new freight forwarding locations in 2009. In 2008, FedEx Trade Networks opened freight forwarding operations in Hong Kong and Shanghai, followed by offices in Brazil, Singapore, Taiwan, Qingdao, Beijing, Guangzhou and Shenzhen in 2009.
   In Asia, new offices have opened in Xiamen, Tianjin, Dalian and Ningbo, as well as a representative office in Ho Chi Minh City.
   In Europe, the company opened facilities in Paris and Amsterdam, the first owned operations in Europe. FedEx said the European offices would focus particularly on the Europe/Asia lane. The Netherlands office will also serve as the FedEx Trade Networks headquarters for the Europe, Middle East and Africa region.