FedEx Corp. (FedEx) has signalled it is pursuing more growth plans in the Asia Pacific, Middle East, and Africa (AMEA) region with future investments in its facilities and network.
Kawal Preet, president, Asia Pacific, Middle East, and Africa region, FedEx Express, cited the region’s “growing prominence” in the global economy — and the company’s commitment to support this demand expansion.
“The AMEA region has an increasingly prominent position in the global economy. We are committed to supporting the growth we are seeing here by investing in our facilities and network. Both directly and indirectly, our work supports a growing number of jobs in the wider economy, and we want that to continue,” Preet said, commenting on a new reportwhich demonstrates FedEx economic impact in the Asia Pacific, Middle East and Africa.
“Our focus is on our customers and creating greater access to the possibilities that global trade brings,” she added.
The report noted that the FedEx economic footprint in the region continues to grow.
Among these are plans to invest in additional capacity by establishing the new South China Operations center in Guangzhou, China and plans to open its first Advanced Capability Community (ACC) in Hyderabad, India to support the development of technological and digital innovations that enable FedEx to provide even greater value in the global supply chain ecosystem.
FedEx also opened several new facilities in the region, including a new pickup, delivery, and self-pickup/drop-off station in Taiwan; a new warehouse in Batam, Indonesia; and a new domestic hub in Adelaide, Australia that also supports international air freight shipments.
It noted that its newly-opened FedEx air gateway at Incheon International Airport in South Korea has also double the package-sorting capacity of the previous facility and additional refrigeration chambers to support cold-chain shipments.
“FedEx Express is digitizing its operations to develop its smart logistics network. This includes investing in an artificial intelligence-powered sorting robot at its South Pacific regional hub in Singapore in December 2022,” the American logistics giant, added.
FedEx Express serves more than 100 markets across the AMEA region.
The FY 2023 FedEx Economic Impact Report found that FedEx contributed more than US$80 billion in direct impact to the global economy during the year, despite recent economic pressures.