SEOUL, South Korea, May 02, 2023 — FedEx Express (FedEx), asubsidiary of FedEx Corp. (NYSE: FDX) and one of the world’slargest express transportation companies, is enhancing its inboundshipment service to better serve customers outside of Seoul and theGreater Seoul area. They can now enjoy same-day delivery[1] on flight arrivals for non-dutiableshipments[2] from Asia and Europe. The same-daydelivery service on inbound shipments also applies to dutiableshipments that complete customs clearance before cut-offtime[3].
More than 80% of customers in Korea, including local businessessuch as SMEs and e-tailers, will be able to enjoy this serviceenhancement which comes during the FedEx 50th birthdaycelebrations on April 17. Importers and consumers in the southernregion, including Chungcheong, Jeolla, and Gyeongsang provinceswill benefit by receiving their shipments from overseas marketsfaster. This enhancement is the result of earlier scheduled flightsfrom Guangzhou to Incheon combined with faster package processingcapabilities at the new FedEx Incheon Gateway that came intooperation in November 2022. Customers in three of the keymetropolitan cities Daegu, Busan and Gwangju, as well as fashion,home appliances, and electronics businesses in the area will alsobenefit from the service upgrade.
“The improved service for inbound shipments is a testament ofour commitment to continuously strengthen our market offerings inresponse to growing demand for fast and reliable delivery ofpackages,” said Wonbin Park, managing director, FedEx ExpressKorea. “With the value of overseas direct shopping exceeding KRW 6trillion (USD 4.7 billion) in 2022 and the number of onlineshoppers tripling over the past five years from 5.19 million to15.57 million in 2022[4], the same-day inbound shipment service canbenefit more Korean customers who are able to receive theirshipments faster.”
For over five decades, FedEx has continued to bring innovativesolutions to help businesses, e-retailers, and consumers managetheir deliveries with greater ease. In March, the company launcheda self-collection service*[5] for inboundshipments at 7-Eleven stores throughout Korea. Customers and onlineshoppers can now enjoy greater convenience by having the option ofpicking up their FedEx packages at any one of the 12,000 7-Elevenstores of their choice at any time with no additional charge.Additionally, customers now have an added option for reliableservices at an affordable price for non-urgent shipmentsthrough FedEx International Economy®.
[1] Available in FedEx direct service areaonly, some of vendor service areas are excluded.
[2] Items that belong to de minimis level,which is the value below which imports can enter a country withoutduties and with minimal review by customs. In Korea, non-dutiableshipment refers to goods valued up to USD 150 (FOB) or USD 200 andfor shipments from the U.S. It also refers to items for personaluse or business samples, excluding certain products. Terms andconditions apply – visit fedex.com for more information. Same-daydelivery for non-dutiable shipment for non-Seoul area is based onflight arrival schedule and applicable for certain days. Flightschedule may change without notice.
[3] Dutiable shipment that receivescustoms clearance before 10:00am (9:00am for Busan) may beapplicable for same-day delivery.
[4] http://www.koreaherald.com/view.php?ud=20230215000640
[5] *Eligible shipments for the ‘FedExSelf-Collection Service’ option are as follows:
Single package without any signature option
No more than USD 500 in customs value
Below 30kg
No dangerous goods nor dry ice