FedEx Express opens new hub at Milan-Malpensa Airport
Feb 10, 2017: FedEx Express has opened its new international gateway to Southern Europe at Milan-Malpensa Airport.
The 35,000 square-foot Express Logistics facility is equipped with state-of-the-art technology that increases packet sorting capacity by 25 percent and is more efficient. As a result, FedEx is able to better manage its growing volume.
This expansion is based on an existing presence and a thirty-year company history in Italy. Over the past twelve months, the number of FedEx shipments from Italy to the rest of the world has grown by a double-digit percentage.
"95 percent of all consumers worldwide live outside the US borders. FedEx is expanding where profitable growth is possible and eliminated in return limits. Our customers can tap new markets,” said David Cunningham, president and CEO of FedEx Express.
"Providing people with such opportunities leads to prosperity, jobs and a more efficient pipeline for goods, which ultimately is reflected in economic growth."
"The expansion of our operations in Malpensa is a key part of our network growth strategy. We increase capacity and establish more business connections across Europe and around the world,” said David Binks, president, FedEx Express Europe and CEO of TNT.
"The new Southern Europe gateway is a further step in establishing a leading logistics network in Europe."
"In Italy alone, the number of people making online purchases has doubled in the past five years and purchases in 2016 are expected to rise by 17 percent year-on-year," Binks continued.
More than ever, Italian companies show a strong tendency towards global growth, which in turn leads to increased demand for air transports into international markets.
FedEx Express has been operating in Italy since 1986. Over the years, FedEx has significantly invested in Italy and opened 24 offices in the country. The company has introduced a direct cargo flight from Italy to the FedEx Express World Hub in Memphis, USA, providing fast transit from Italy to the US. Thanks to the recent acquisition, TNT's extensive network in Italy will also help strengthen FedEx's offering in the country.