The Shanghai Facility Supports Robust Market Demand
SHANGHAI, September 1, 2011 – FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, officially opened a new operations station in Shanghai in order to meet growing customer needs and package volume. It is also the largest FedEx station in China.
Occupying an area of 5,140 square meters in the Pudong Sanlin area, the station handles the pick-up and delivery of international express shipments for customers in the Huangpu, Jingan, Nanhui, Fengxian districts as well as some parts of the Pudong New District.
The new station has more than 90 employees and nearly 70 vehicles. It is equipped with an advanced inbound and outbound shipment sorting system, which can sort up to 3,500 shipments per hour. All the shipments are connected to the FedEx global network, which reaches more than 220 countries and territories through the FedEx Express gateway at the Shanghai Pudong International Airport.
“FedEx is committed to growing with Shanghai which plays a vital role in our strategy in China,” said Audrey Cheong, managing director of Operations, International Service, FedEx China. “We are continually expanding our operations and services to meet the increasing demand in the local market. As the largest FedEx station in China, the new facility will further strengthen our operations and give us the flexibility to support FedEx business growth in Shanghai and east China.”
As the economic center of China, Shanghai continues to grow rapidly, with foreign trade playing a significant role. Shanghai’s exports and imports during the first half of 2011 totaled US$207.89 billion, an increase of 21% from a year earlier.
As part of its commitment to supporting Shanghai market growth and business needs, FedEx signed a Strategic Collaboration Memorandum with Shanghai Airport Group in June focusing on the expansion of cargo and other operational facilities within the Shanghai Pudong International Airport.
In Shanghai, FedEx currently has one international express gateway at the Pudong International Airport, five international express operations stations, one domestic service distribution center and two domestic service operations stations.
About FedEx Express
FedEx Express is one of the world’s largest express transportation companies, providing fast and reliable delivery to every U.S. address and to more than 220 countries and territories. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, by a definite time and date with a money-back guarantee.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $39 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 290,000 team members to remain “absolutely, positively” focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit news.fedex.com