Logistics and parcel delivery provider FedEx Express unveiled its plans today (October 18) to invest 200m (US$220m) in upgrading its distribution hub at Paris-Charles de Gaulle (CDG) Airport in France.
Upon completion, the CDG hub will boast a new state-of-the-art automated system capable of sorting large and oversized packages a worldwide first for FedEx Express. As a part of the company’s sustainability commitments, the new building will be constructed using non-polluting materials and LED lighting with the aim of becoming HQE and BREEAM certified. The project will also create several new positions for the facility. Construction is set to begin in the summer of 2017 with a completion date of 2019.
David Binks, president, FedEx Express Europe, and CEO, TNT, said, “This investment is part of the company’s network expansion strategy, creating more capacity and enabling more business connections in Europe and around the world. This new expansion, coupled with the recent TNT acquisition, supports the evolving needs of our customers and the global marketplace while increasing our ability to support trends like cross-border e-commerce.”
David Bronczek, president and CEO, FedEx Express, said, “At FedEx, we have the ability to pick up, transport and deliver an item from 95% of the people on the planet, and most every business in the world, within one to two business days. This strategic expansion in Paris is an example of how we will continue to invest to move goods faster and more reliably across borders, which means our customers can decrease costs, improve their supply chain and identify new opportunities for growth and profitability.”
Alongside the latest improvement works, TNT will soon open a ground hub just north of Paris in the Ile de France region along with three TNT ground depots. The investment in the TNT network will also improve connectivity between France, Europe, and the rest of the world.
October 18, 2016