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Sunday, July 7, 2024

FedEx signs deal to double Clark operations

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Federal Express Corp., one of the world’s largest express transportation companies, said Thursday it will expand its operations in its Clark gateway.

FedEx signed an agreement with Luzon International Premiere Airport Development (LIPAD), operator and manager of Clark International Airport, for the construction of a new facility, which is set to offer enhanced capabilities that will benefit local businesses looking to amplify their presence in international markets and support the growing demand for e-commerce, freight and cold-chain shipments across the Asia Pacific region.

The new FedEx facility, once completed, will be more than double the size of its current facility. The gateway will further boost support for both importers and exporters including small-and-medium enterprises (SMEs) and heavy-weight freight shippers with greater and more reliable access to and from international markets.

The strategic expansion aligns with the vision of Bases Conversion and Development Authority (BCDA), Clark Development Corp. (CDC), and LIPAD to transform Clark International Airport (CRK) into a premier global civil aviation logistics hub for international cargo.

The establishment of additional facilities, such as aprons and taxiways will facilitate FedEx operations, enabling better handling of cargo and fostering growth in the logistics sector.

These developments are expected to bring economic benefits to the northern Luzon region, providing job opportunities for the local community and serving as an economic stimulus in the region.

“We are pleased to sign this agreement that symbolizes our intent to kick-start the expansion of our gateway at Clark,” said Maribeth Espinosa, managing director of FedEx Philippines.

“Since our establishment in 1984 in the Philippines, we remain committed to continuously enhancing our network and service offerings to support the growing needs of our customers and strengthen their connection to overseas markets. This expansion is a testament to our strong commitment in facilitating cross-border trade and optimizing the country’s supply chain capabilities,” she said.

Noel Manankil, president and chief executive of LIPAD, said the landmark agreement embodies its unwavering commitment to fostering sustainable development and economic vitality in the region, ensuring a brighter future for the whole community.

FedEx first unveiled its gateway in Clark in October 2021 to boost support for local businesses and e-commerce growth. Equipped with state-of-the-art technology, the 17,000-square-meter facility has the capability to sort up to 9,000 parcels per hour and enables FedEx to provide customers with reliable service more efficiently. The facility’s dedicated freight-handling area spans 630 square meters.

FedEx launched a new flight service between Vietnam and the Philippines in October 2023 with improved transit time, supporting the growth in trade volumes between both markets.

The continuous introduction of enhanced and differentiated portfolio of solutions from FedEx will enable Philippine businesses to capture more import and export opportunities. With Othel V. Campos

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