Federal Express Corporation (FedEx) is providing support to businesses in Asia Pacific and China as they navigate a changing global trade environment. The company has been conducting webinars to help customers manage regulatory changes and respond to shifts in trade conditions. More than 6,500 participants from the region registered for the latest webinar series, indicating significant demand for guidance.
FedEx’s engagement with businesses has given it insight into current sentiment regarding supply chain strategies. According to data collected from webinar attendees, 29% of respondents do not plan to change their supply chain approach. However, 52% are considering diversifying their supply chains within the next year, and 19% are already taking steps toward diversification. Businesses identified ongoing tariff uncertainty (41%) and rising costs (29%) as both key drivers and barriers to these changes.
The company emphasized the importance of using best practices and expert advice to address customs challenges and strengthen supply chain resilience. Poh-Yian Koh, president of FedEx China, stated: “In today’s evolving global trade landscape, proactively building flexibility to navigate change is the key to companies securing the future. FedEx has been rooted in China for over 40 years and is also a firm supporter and advocate of global trade. We will continue empowering businesses to turn challenges into opportunities amid uncertainties by leveraging data-driven insights and tailored solutions to thrive in the new era of international trade.”