posts tagged with Policy

Why Indy Means Business

Plane_V8I7791TakeOffFinal.jpg.jpeg Starting this April, huge Boeing 777 cargo aircraft will begin streaming in and out of Indianapolis four nights a week coming from the new FedEx Express hub in Osaka, Japan. Locating our FedEx North Pacific Regional Hub on the western edge of Japan is partly due to a combination of geography, flight optimization, package consolidation, and something the Kansai International Airport (KIX) shares with the Indianapolis International Airport (IND) – they are open for business 24/7. So is the U.S. economy.

Global gateways, like the Indy Hub, are essential to keep today’s customers and suppliers throughout America competitive in the world economy. US exports to Asia have been steadily increasing...

Trade Promotion Authority: Essential to our customers, business and country

dc-capitol.png In the coming weeks, the U.S. Congress will have the opportunity to take a step that will significantly advance free trade and our economy –renewing Trade Promotion Authority, or TPA.

For three decades, U.S. presidents have had the authority to negotiate complex trade deals with other nations, and present the results for an up-or-down vote. Congress last passed this trade authorization in 2002 and since then, the US has added trade agreements with 16 countries.

It is critical Congress reauthorize this important legislative tool to ensure the U.S. maintains a credible bargaining position and continues...

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...

Important Work for Washington Policymakers, and Giving Back to the Community

united-states-capital-building.jpg.jpeg As we shift out of recess mode and head back to work, Congress is returning to Washington with important matters that FedEx hopes will be addressed to move our economy and our country forward.

We are encouraged by the momentum on Capitol Hill and within the administration on some of these issues, including corporate tax reform, transportation, and free trade agreements.

It is essential Congress act soon to overhaul our cumbersome corporate tax code –the least competitive and most complex in the developed world. We must lower corporate tax rates in order to spur capital investment, productivity, and create jobs. Policymakers of all political stripes agree something must be done to lower corporate taxes, and now is the time.