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2004 Press Releases
Expands its Gateway Operations at HKIA
Expansion reinforces Hong Kong's role as an important logistics hub
Hong Kong, April 16, 2004 - FedEx Express (FedEx), the world's largest express transportation company, has expanded its Gateway Operations at the Hong Kong International Airport (HKIA), increasing the company's capacity in Hong Kong and reinforcing its support of the city's role as an important regional transportation and logistics hub.
"Air express services continue to be critical to the success of the economy and will enhance Hong Kong's competitiveness in the region," said Peter Yin, FedEx Regional Vice President, South Pacific. "The Closer Economic Partnership Arrangement between Hong Kong and the mainland creates abundant business opportunities for Hong Kong, particularly for high-value, high-end industry. Our expansion at HKIA both reflects Hong Kong's fundamental importance to the region and will help contribute to its role as a regional hub."
FedEx's Gateway Operations will now occupy a space of 37,000 square feet, an increase of more than one-third of the previous total area. The newly expanded facility provides FedEx with the ability to handle substantially greater volume of shipments of all shapes and sizes. The Gateway Operations at FedEx can sort, customs-clear and distribute shipments through one facility under the airports' 24-hour operation.
In addition to the expansion, on-site facilities at the Gateway Operations have also been upgraded. The extended express shipment-handling system eases the movement of air cargo, and the upgraded cargo radiation detection device will help avoid unnecessary delays due to security issues relating to radioactive substance after entering into the United States.
Over the past several months, FedEx has made a number of significant enhancements to its service offerings to customers in Hong Kong. The combination of the newly expanded facility and the additional 13 frequencies awarded by the United States of Department of Transportation (DOT) last September position the company well for anticipated future demand.
FedEx currently offers the greatest number of fully-owned cargo flights in and out of Hong Kong. It provides customers in Hong Kong with superior connectivity as a result of adding six flights to its European hub at Charles De Gaulle Airport in Paris and seven flights to Subic Bay linking customers to the FedEx AsiaOne® network and the rest of the world.
FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX), connects areas that generate 90% of the world's gross domestic product in one to three business days with door-to-door, customs-cleared service and a money-back guarantee. The company's unmatched air route authorities and infrastructure make it the world's largest express transportation company, providing fast, reliable and time-definite transportation of more than 3.1 million items to 215 countries each working day. FedEx employs approximately 138,000 employees and has more than 50,000 drop-off locations, 643 aircraft and approximately 43,000 vehicles in its integrated global network.
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