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Federal Express Corporation (FedEx) has introduced its Collaborative Shipping tool in Korea, aimed at improving the import process for customers. This digital tool is available to FedEx import customers across Asia Pacific, Europe, the United States, Canada, the Middle East, Indian Subcontinent, and Africa. It facilitates collaboration between importers and shippers during Air Waybill (AWB) creation, enhancing efficiency in global goods movement.
The introduction of this tool comes as global merchandise trade is expected to rise by 3%, with imports in Asia projected to grow by 5.1% in 2025. A study by the International Trade Centre highlights that failed pickups and lack of shipment visibility are significant challenges for importers worldwide. These issues impact business operations and emphasize the need for digital solutions like the Collaborative Shipping tool.
The new shipping tool allows importers to share AWB creation with shippers, enabling confirmation of shipment details and scheduling pickups based on readiness. This feature aims to improve pickup success rates and efficiency in the import journey.
