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Federal Express Corporation, commonly known as FedEx, has announced a significant collaboration with Hong Kong Customs. On December 12, 2024, FedEx became the first company to sign a memorandum of understanding (MOU) under the Cross-boundary Express Clearance Facilitation Arrangement (CEFA). This agreement aims to enhance customs clearance efficiency for cross-border shipments from mainland China to Hong Kong.
The MOU specifies that Hong Kong Customs will provide clearance services at one of FedEx's service stations in urban Hong Kong for imports arriving from mainland China. This arrangement applies to goods transported from the FedEx Guangzhou Asia Pacific Hub using cross-border trucks equipped with electronic locks and GPS.
By joining CEFA, FedEx is set to benefit from stable and efficient customs procedures. Imports arriving via the air network at the Asia Pacific region and Europe can be directly transported to a designated FedEx service station without waiting for clearance checks at the Shenzhen Bay Control Point. For regulated goods, classification inspections will occur at a specific location within one of the FedEx service stations.
