FedEx Introduces Additional Flight on USA-UAE Route To Facilitate Intercontinental Trade

FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX), and the world’s largest express transportation company, has increased the frequency of its direct Memphis-Dubai Boeing 777F flight, facilitating intercontinental trade between the Middle East and the USA.

“As the first to launch a dedicated flight between the USA and the UAE, FedEx has unrivalled expertise in shipping from and to the USA, and since 2011, the FedEx Boeing 777F flight has provided unparalleled access to boost trade between the US and the Middle East,” said Jack Muhs, regional president, FedEx Express Middle East, Indian Subcontinent and Africa.  “Flights on the Memphis-Dubai route also transit through Europe, giving businesses greater access to these critical markets, enabling stronger inter-continental trade links with added capacity between the Middle East into the European Union.” 

Over a 10-year period (2006-2016), USA exports to the United Arab Emirates (UAE) grew by 118%[1]. The UAE is currently the USA’s 28th largest trading partner, with a total trade value of US$24 billion worth of imports and exports in 2017[2].

The UAE also represents the largest export market for the European Union (EU) among the Gulf Cooperation Council (GCC) countries, with exports amounting to EUR 42 billion, and total trade in goods between the EU and the UAE amounting to EUR 52 billion in 2017[3].

 

[1] https://www.uae-embassy.org/sites/default/files/uae-us_trade_fact_sheet_2017_0.pdf

[2] https://ustr.gov/countries-regions/europe-middle-east/middle-east/north-africa/united-arab-emirates#

[3] http://wam.ae/en/details/1395302680408

Joke Bollens

Account Executive, Ketchum

Sven Vercalsteren

Senior Communications Specialist, Benelux FedEx Express Europe

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FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $69 billion, the company offers integrated business solutions through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 490,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. To learn more about how FedEx connects people and possibilities around the world, please visit about.fedex.com.