FedEx supports UAE automotive sector with strategic logistics solutions

Home
»
Stories
»
2024
»
October

GLOBAL INDUSTRY NEWS

Policy

Sriram Krishnasamy Executive Vice President and Chief Transformation Officer, FedEx Corporation President and CEO, FedEx Dataworks | FedEx

By Sky Industry News

Oct 3, 2024

Federal Express Corporation, a leading express transportation company, recently hosted a networking event in Dubai to engage with stakeholders in the UAE's automotive aftermarket sector. The gathering at TAJ Dubai was attended by representatives from over 50 local companies and focused on specialized logistics innovations.

During the event, FedEx showcased its automotive logistics solutions, emphasizing competitive transit times, efficient clearance capabilities, and duty credit facilities. Experts from the company also discussed ways to enhance customer experience within the automotive supply chain. They highlighted how procurement, marketing, and business growth can work together effectively.

The UAE aims to boost its industrial sector's GDP contribution from US$36 billion (AED 133 billion) to US$82 billion (AED 300 billion) by 2031. This goal is expected to stimulate significant growth in the light vehicle automotive aftermarket across the GCC region, with projected revenues exceeding US$12 billion (AED 44 billion) by 2027.

Get the Newsletter

Sign-up to receive weekly round up of news from Sky Industry News

By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

Federal Express Corporation is recognized as the largest express transportation company globally, offering fast and reliable delivery services across more than 220 countries and territories through its extensive air-and-ground network.