Ultimately, FedEx—a freight forwarding company that offers China an end-to-end supply chain—might hold the key to resolving the trade deficit between the two countries. FedEx transports about 7% of China's trade volume, and over the next five years, the business expects to boost its freight traffic to China by about 10% annually. Furthermore, FedEx offers direct shipping alternatives to China. FedEx charges for shipment, of course. FedEx charges about $47.20 in transportation fees from Shanghai to Chicago for a 20-foot freight container. However, one transportation analyst asserts that the container shipping business is presently going through one of the worst cyclical downturns in history, in contrast to shipping costs for vehicles.
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