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FedEx Express has revealed it will double the size of its air cargo handling facility at Incheon International Airport as it looks to cater for rising volumes in South Korea.
Establishing a new cargo facility at Incheon International Airport is a strategic move for FedEx — the airport has seen the volume of international shipments increase by 10.4% in 2016 from 2012 to 2.7m tons.
When it is completed in 2021, the express giant’s FedEx Cargo Terminal will cover an area of 23,425sq m, more than twice the size of its existing facility.
The terminal will feature warehouse, office and a canopy space and will offer an automated cargo sorting system to meet the fast-growing demand of express cargo.
Once completed the new facility will have the capacity to sort up to 18,000 packages per hour.
”As one of the largest economies in Asia, Korea continues to build its trade connections internationally. FedEx is investing to support the robust demand in Korean imports and exports to better serve our customers in this important market.” said Eun-Mi Chae, managing director, FedEx Express Korea.
“With the expansion of our FedEx facility at Korea’s main gateway, we will improve our operational capabilities and create greater access to the global market supported through our integrated network.”
The express firm signed an agreement with Incheon International Airport Corporation to confirm the construction of the terminal last week.
