Frankfurt airport announced a major expansion of freight facilities to keep pace with surging shipments.
Europe's largest cargo hub is offering an additional 67 acres of land for development at CargoCitySouth, its main freight complex. Frankfurt is number six on the JOC list of Top 30 International Cargo Airports.
Fraport AG, the airport's owner/operator, issued a worldwide "call for expression of interest" from logistics companies to specify their location and space requirements at the new facilities.
"Air freight is booming," said Herbert Mai, Fraport's executive board member for real estate. "At the same time, global supply chains are becoming increasingly complex and requirements for efficient and expeditious cargo handling are rising rapidly."
"Therefore we want to gear our offer of sites optimally to market demand," Mai said.
Project planning for the approximately 30,000 square meters of hall space -- about one third of the new development area -- will be implemented in a first phase that will come on stream between 2013 and 2014.
Frankfurt's air cargo traffic hit a monthly high of 191,480 metric tons in July, a 20.1 percent increase from a year ago. This boosted traffic for the first seven months of the year to 1.3 million metric tons, an increase of 28.8 percent on the same period in 2009.
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