FedEx to pull out of Taiwan's port city Kaohsiung
FedEx Corp, will pull out of Taiwan’s port city and industrial centre Kaohsiung later this month.
FedEx will operate its last flight out of Kaohsiung International Airport on July 27 and relocate staff to other cities, the China Times reported.
FedEx made the decision to quit Kaohsiung – Taiwan’s second- largest city after capital Taipei and the island’s industrial centre – because business has been declining every year in recent years.
FedEx has been serving Kaohsiung for 12 years, currently operating five weekly cargo flights to the airport. Compared with the peak days, FedEx’s business in Kaohsiung has fallen 30 per cent.
The decision to pull of Kaohsiung was made in FedEx’s US headquarters, and would not affect FedEx’s service in Taiwan or the interests of customers.
Taiwan’s economic competitiveness has been declining fast in recent years, in part due to the island’s five-decade ban on direct sea and air trade with China.
Taiwan’s business sector has been calling on the government to open air and sea links with China, but the government said the bans must be eased gradually for national security.
