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Federal Express Corporation (FedEx) has announced the expansion of its FedEx International Connect Plus (FICP) service to Singapore. This service, already available in other Asia Pacific markets such as China, Hong Kong SAR, and Japan, now offers Singapore-based e-tailers a reliable and cost-effective shipping solution to key destinations in the U.S. and Europe.
The expansion aligns with FedEx's commitment to support cross-border e-commerce growth from Asia to these regions. E-commerce sales in Asia are projected to reach USD 13,209 billion by 2030, growing at a CAGR of 17.6% from 2023 to 2030. In Singapore alone, the e-commerce market is expected to generate revenue of USD 5.91 billion in 2025 and grow at a CAGR of 9.19% from 2025 to 2029, reaching USD 8.40 billion by 2029.
Key benefits of FICP include greater value through competitive pricing and day-definite transits, flexibility with multiple delivery options including pick-up locations and changeable delivery dates, seamless integration for a paperless experience, and extensive parcel tracking capabilities for peace of mind.
