PARIS: October 18, 2016. FedEx Express is investing €200 million to expand its hub at Paris-Charles de Gaulle Airport (CDG) by 40 percent.
Construction of the new CDG facility is scheduled to begin in the summer of 2017 for completion by 2019. Prompted by the global expansion in eCommerce, FedEx said the expanded hub will include an automatic sort system for oversized shipments and increase staff numbers – some of whom are pictured (right).
"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," said David Binks, president, FedEx Express Europe and CEO, TNT.
"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," he added.
FedEx Express began operations in France in 1985 and established its Central Europe hub at CDG in 1999 – the largest outside the US. In addition to maintaining the TNT hub at Liege, FedEx said the recently-purchased company will soon open a ground terminal north of Paris in the Ile de France region.
As a part of the company's commitment to sustainability the new building at CDG - which FedEx will lease for 30 years - will include non-polluting materials and be equipped with LED lighting.
In a related move, FedEx Freight has purchased more than 100 tractors powered by compressed natural gas (CNG) and has contracted with Clean Energy Fuel Corp to design, build and maintain its first service CNG center at Oklahoma City.