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FedEx to move Asia center to China |
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FedEx, the largest express freight carrier in the world, informed that it would shift its hub for Asia-Pacific operations to Guazgzhouf in southern China.
This hub will make Guangzhou into one of the leading cargo airports in the world. Asia remains the world's fastest-growing regional air-freight market and this hub will put Guangzhou at the center of that growth.
FedEx's Guangzhou hub will be the company's biggest logistics center outside the United States. Along with the construction of the Guangzhou hub, which is to be completed by December 2008, FedEx will close its current Asia-Pacific hub at Subic Bay in the Philippines.
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