Mike King | Sep 05, 2011 12:34PM EDT
FedEx Express, in a significant expansion of its Asia operations, opened its largest express facility in China.
The 533,325-square-foot station in the Pudong Sanlin area of Shanghai can sort 3,500 shipments an hour and connects globally via the company’s gateway at Shanghai Pudong International Airport.
During the first half of 2011, exports and imports in Shanghai totaled $207.89 billion, up 21 percent year-over-year.
David L. Cunningham Jr., FedEx Express president for the Asia Pacific, said the facility that Sept. 1 would improve trade flows between eastern China and the Asia-Pacific region. “In contrast to the slow economic performance shown in Western markets, China remains a driving force for the global economy,” he said.
