FedEx Invests USD 350 Million to Boost Global Trade and Strengthen Operations
Mumbai,— FedEx Express , a subsidiary of FedEx Corp. and one of the world’s largest express transportation companies, is expanding its footprint in the Middle East, Indian Subcontinent and Africa (MEISA) by establishing a state-of-the-art hub at Dubai World Central (DWC) Airport in Dubai South. The facility was officially inaugurated by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group, along with Raj Subramaniam, FedEx Corporation President and CEO, Richard W. Smith, FedEx Express President and CEO, Airline and International, and Kami Viswanathan, FedEx Express MEISA President.
This new FedEx regional hub marks a long-term investment of more than USD 350 million, focusing on infrastructure, and technological advancements. This investment reaffirms our commitment to revolutionize its operations with cutting-edge technology and innovative practices.
“The establishment of our new regional hub significantly enhances our presence and capabilities in the MEISA region. This investment is not just about infrastructure expansion; it will contribute to improve the region’s connectivity, and play a key role in facilitating global trade and commerce,” said Richard W. Smith, FedEx Express President and Chief Executive Officer, Airline and International. Given the role of the UAE and Dubai in global trade, our regional hub not only aims to serve the MEISA region, which accounts for approximately 45% of the world’s population and includes key markets like India and Saudi Arabia, but is also a crucial part of our global air network that connects more than 220 countries and territories.”
“This hub is a significant step forward towards our vision of building smarter and more sustainable supply chains for everyone. Integrating the latest physical infrastructure with digital capabilities powered by artificial intelligence, it enables us to improve efficiency and provide our customers with new capabilities to redefine competitiveness and drive business growth, ultimately contributing to a more connected and resilient global trade ecosystem,” said Kami Viswanathan, President of FedEx Middle East, Indian Subcontinent, and Africa.
The 57,000 sq. m facility incorporates advanced technologies that include automated sort systems that enhance the efficiency, accuracy, and speed of package processing and distribution from the facility. The hub also boasts two automated high-speed x-ray machines, to efficiently scan goods and enhance security. A dedicated 170 sq. m cold storage area caters to a wide range of temperature-sensitive shipments. Demonstrating the FedEx commitment to sustainability and achieving our goal of carbon-neutral operations by 2040, the hub features an all-electric ground fleet and charging stations for operational and employee vehicles.
Our investment in the new hub further enhances India’s connectivity to the rest of the world through UAE, and forms an integral component of the region’s logistics ecosystem.
