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Cambodia, Phnom Penh, October 13, 2022 — FedExExpress, a subsidiary of FedEx Corp. (NYSE: FDX) and one of theworld’s largest express transportation companies, announced it isestablishing a direct commercial presence in Cambodia, to meet thecountry’s growing international shipping demands.With a directpresence in the country, businesses in Cambodia gain greater accessto a wider portfolio of FedEx shipping solutions, while the localservice provider continues to provide the local infrastructure forground operations. Local customers will have access to a range ofFedEx digital tools that makes shipping easier and more efficientthrough the FedEx website. This includes opening a newaccount, tracking shipment status in real time, creating shippingair waybills, scheduling courier pickups, and managing billing.Additionally, FedEx will now have dedicated Sales and CustomerService team members on ground to interact and provide enhancedlogistics expertise to help local businesses grow theircross-border trade.

Economic recovery in Cambodia is gathering speed with exports up20% over the same period last year [1], reaching USD $27 billion during the firsthalf of 2022.

“FedEx continues to enhance its presence and services inemerging Southeast Asia markets like Cambodia to support the growthof small and medium sized enterprises (SMEs). Southeast Asia is oneof the world’s fastest growing regions and its young andincreasingly urbanized population is estimated to grow by 140million new consumers by 2030 [2],” said Kawal Preet, president of the AsiaPacific, Middle East, and Africa, FedEx Express.