Tag: #New FedEx Import Tool to Enhance Efficiency of Import Process for India Businesses

New FedEx Import Tool to Enhance Efficiency of Import Process for India Businesses   I FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, has launched the FedEx Import Tool (FiT), a cutting-edge solution designed to address the increasing complexities and volumes of imports in India. This timely launch is noteworthy as India has experienced a significant 12.2 percent increase in merchandise imports, reaching USD 60.11 billion in February 2024 from USD 54.4 billion in January of the previous year. There is a need for smarter, more efficient solutions to manage the complexities of the import sector. FiT, with its integration of advanced technology and user-focused design, is set to transform the impo...