The new express logistics facility represents significant growth for the company in the region; measuring 35,000 square metres it will enhance service efficiency and boost sorting capacity by 25%.
David Cunningham, President and CEO, FedEx Express, commented: “With 95% of the world’s consumers living outside US borders, FedEx has prioritised its expansion in areas that drive profitable growth and in turn, break down barriers and enable our customers to reach new markets. “Connecting people and possibilities translates into business prosperity, jobs, and a more efficient pipeline for goods, resulting in economic growth.”
David Binks, President, FedEx Express Europe and CEO of TNT (recently acquired by FedEx), explains that demand for air transport links has surely increased in the region. “Expanding our operations in Malpensa is a key part of our network growth strategy, creating more capacity and enabling more business connections in Europe and around the world,” he remarked. “In Italy alone, the number of people making online purchases has doubled over the last five years and purchases for 2016 are forecast to increase by 17% compared to 2015.”
Since 2011, FedEx has opened 24 stations in Italy, in addition to launching a direct cargo flight from Italy to the FedEx Express World Hub in Memphis, Tennessee, in an effort to facilitate faster transit times from Italy to the US. This latest move, together with TNT Italy's extensive transport network, will help FedEx to meet the logistical needs of its growing European-wide business.
