posts tagged with Economics

2013 Global Citizenship Report - Global Connections

FedEx-banner-200x200-1.jpg FedEx is built on the belief that local economic growth requires connectivity with the rest of the world, and we accept that it is our role and responsibility to do this sustainably.

We have just issued our sixth Global Citizenship Report, titled Global Connections. This title is important because it relays the role FedEx plays in bringing value and societal benefit - connecting people and possibilities around the world, but striving to do so responsibly and resourcefully. That message comes through loud and clear when you read the Letter from the Chairman, from my Question & Answer section, and from each of the four sections of the report.

We continue to present information using the following subjects: (1) Economics & Access, (2) Environment & Efficiency, (3) Community & Disaster Relief, and (4) People & Workplace...

China, India, Mexico and more: A global e-commerce discussion with Raj Subramaniam

access25-sq-highres.png In our ongoing Access series exploring the links between connectivity and innovation, we spoke with Raj Subramaniam, executive vice president, marketing and communications, FedEx Services.

ACCESS: What is the relationship between increased global connectivity and innovation?

Raj Subramaniam: We wouldn’t have global connectivity without first having innovation. As we have progressed...

Get ready for the (next) Asian trade revolution

Picture_1.jpg.jpeg When I moved to Asia in 1994, the most common shipment was electronics.

Think big and expensive. The first, mass-produced PCs were spreading like wildfire, and innovations like the “personal communicator” – dubbed “bricks” due to their size and weight – were starting to take off.

I vividly remember those days. Around five years earlier, I’d been involved in the FedEx purchase of Asia’s Flying Tigers airlines, which as far back as the 1940s was known by its tagline – “We haul anything anywhere.” It was a critical acquisition for us because it gave us the air rights and the authority to connect Asia globally.

But there was a much different tiger on the scene by the time...

Smarter, Modern Global Policies That Cut Trade Barriers Are the Answer – Reporting Back From the APEC CEO Summit

apec-sq.jpg I had the pleasure of participating in the 2013 CEO Summit for the Asian Pacific Economic Cooperation (APEC) in Bali, Indonesia earlier this month. This gathering took place alongside APEC’s annual meeting of leaders from 21 of the world’s most dynamic economies. They made important progress to advance the future of global trade – the underpinning of innovation, entrepreneurship, jobs and sustainable growth.

While the last five years have been difficult in the wake of the global financial crisis, more people are back to work and small and medium-sized businesses are beginning to grow again. Still, businesses today, and especially smaller businesses, continue to confront a complex spaghetti bowl of overlapping rules and competing regulation that hinders innovation and development, including expensive tariffs and confusing and lengthy customs approval processes to get their products into consumers’ hands.

Trade, FedEx & the APEC CEO Summit

...For FedEx, one of the key issues is how we help Asia grow faster by simplifying e-commerce trade. In this regard, how we better empower small and medium-sized businesses is crucial.

While Asia Pacific is the fastest growing e-commerce market in the world, it’s thought that SMEs still only generate around 30% of all exports.

Much of the hesitation comes from the daunting nature of export regulations, and rising complexity of customs. Now, more than ever, small business needs a level playing field that enables them to tap into the billions of people entering Asia’s new global middle class...