Tag: FedEx Express

FedEx, Datian split in China denied

Posted by | Dec 29, 2004 | |

FedEx Express and Tianjin Datian W Group have denied rumours that the two parties will soon suspend their co-operation in China’s international fast delivery market. Foreign express firms may not necessarily seek fully-owned subsidiaries right after the nation opens its express market, according to experts. “So far we are not prepared to make any changes in our business modes in China,” FedEx said in a media statement last week. FedEx, the world’s largest express transportation carrier, is rumoured to be on the brink of seeking a controlling stake in the joint venture with its Chinese partner Datian Group. That indicates FedEx will probably end its co-operation with Datian and later run express services through its subsidiaries as China fully opens its express market in the next year.

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FedEx to build California’s largest corporate solar power system on FedEx facility in Oakland

Posted by | Oct 18, 2004 | |

FedEx Corp. and the City of Oakland today announced that FedEx Express will construct California’s largest corporate solar electric system atop its hub at Oakland International Airport. The 904-kilowatt solar array will provide approximately 80 percent of the peak load demand for the company’s Oakland facility, which employs 1,700 people. Completion is expected in May 2005. “With this project, FedEx will deliver more environmental innovation to California,” said Mitch Jackson, managing director, corporate and international environmental programs, FedEx Express. “From hybrid electric delivery trucks to solar power, we are proud to lead our industry in committing to real, practical ways to reduce pollution, conserve fossil fuels, and contribute to a greener world.” “FedEx is proving that solar power works for business,” said Oakland Mayor Jerry Brown.

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FedEx doubles flights to China

Posted by | Oct 18, 2004 | |

FedEx Express was today awarded 12 additional weekly flights to China by the US Department of Transportation, bringing its total to 23. The additional authority will allow FedEx Express to operate more all-cargo flights to and from China than any other US airline. FedEx Express will use six of its awarded frequencies to provide a new westbound round-the-world service connecting the US to Shanghai with stops in Europe and other points in Asia using an MD-11 freighter. The other six frequencies, available in March 2005, will be used to establish an eastbound round-the-world service connecting the US, Europe, Japan and India to Shanghai, Shenzhen, and other points in Asia using an MD-11 aircraft. Looking ahead to 2006, FedEx has asked the DOT for six additional weekly flights (bringing the total of weekly flight to 29) to include Guangzhou into its global and regional express networks. Currently, FedEx Express operates 11 weekly flights to China, serving Shanghai, Beijing and Shenzhen.

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FedEx’s Incheon run to boost Asia network

Posted by | Aug 2, 2004 | |

FedEx Express will reveal plans today for a thrice weekly non-stop service between Hong Kong and Incheon, South Korea, in a move that will bolster both its Hong Kong and inter-Asia connectivity.

Peter Yin, FedEx Express regional vp for South Pacific, confirmed that the services, using Boeing MD-11 freighters with a 90-tonne payload, would be inaugurated soon.

He said the flights would be the first direct link between Hong Kong and Seoul. Previous cargo services were handled through FedEx’s major Asian hub at Clark airbase in the Philippines.

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FedEx now in Barcelona

Posted by | Jul 2, 2004 | |

The US CEP and ogistics giant FedEx Express is expanding its activities in Spain and has opened a new branch in Barcelona. In tandem with the state-owned Spanish airport operator Clasa (Centros Logisticos Aeroportunarios SA), FedEx has signed an agreement on the purchase and construction of a logistics platform in the freight terminal at Barcelonas international El Prat airport. Costing EUR 2 million, the new building will have a working area of 3,800 sqm.

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