Federal Express Corporation (FedEx) is helping businesses in the Philippines navigate the complexities of global trade, particularly in addressing challenges posed by tariffs and customs.
To address these issues, FedEx has been hosting webinars for its customers across the Asia Pacific region. The intense interest in these sessions, with over 6,500 participants, shows the high demand for guidance.
According to a survey of webinar participants, the top concerns for businesses are ongoing tariff uncertainty (41 percent) and increasing costs (29 percent). In response, over half of businesses (52 percent) are considering diversifying their supply chains, with nearly a fifth (19 percent) already actively doing so.
These insights underscore the growing importance of leveraging best practices and the expertise of trade experts to tackle customs challenges and enhance supply chain resilience.
“Customs compliance can often be challenging for many Filipino businesses, especially for small and medium enterprises (SMEs) which may have a gap in expertise in their lean teams,” said Maribeth Espinosa, managing director, FedEx Philippines.
“With the introduction of tools like Customs AI and the HS Code Lookup Feature, we hope to alleviate the complexity. These solutions can help to simplify the process, reduce costly delays, and allow our customers to focus more on growing their business rather than navigating documentation requirements. It’s another step in our commitment to making global trade more accessible for Filipino entrepreneurs,” she added.
Amid ongoing regulatory uncertainty, businesses need to be better equipped to navigate increasing complexity. By leveraging the FedEx comprehensive suite of services, including digital trade tools and tailored solution guides, businesses can minimize delays, avoid unexpected costs and maintain operational efficiencies.
Federal Express Corporation is one of the world’s largest express transportation companies, providing fast and reliable delivery to more than 220 countries and territories. Federal Express Corporation uses a global air-and-ground network to speed delivery of time-sensitive shipments by a definite time and date.
