FedEx delivers operation to New Haven facility
FedEx Home Delivery has outgrown its facility on the north side of Fort Wayne and plans to relocate to the FedEx Ground facility in New Haven that was built three years ago.
FedEx planned to start construction early this month on a 15,000-square-foot expansion of the 55,000-square-foot FedEx Ground facility. Executives expect the new location to be operational in August.
The relocation to New Haven is part of a nationwide expansion for FedEx Home Delivery.
The company is looking at adding nine new hubs and expanding 37 existing hubs, as well as relocating or expanding close to 300 local facilities, such as the one serving the Fort Wayne area.
Currently, FedEx Home Delivery operates a network of more than 500 distribution hubs and local terminals throughout the United States and Canada.
Bloomberg reported late last month FedEx Corp. has been growing more rapidly in U.S. ground shipping than its larger rival, United Parcel Service.
FedEx Ground volume rose 12 percent in the most recent quarter, while UPS gained 3.6 percent, according to analyst Donald Broughton of A.G. Edwards & Sons Inc. in St. Louis.
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