On October 22nd, FedEx announced at the "2024 North Bund International Shipping Forum" that it would upgrade its FedEx Shanghai International Express and Cargo Center located at Pudong International Airport to an intercontinental transit center. Xu Baoyan, Senior Vice President and President of FedEx China, and relevant government department leaders jointly lit up the big screen at the opening ceremony of the forum, officially launching this important facility upgrade plan.
As one of the major achievements released at this forum, the plan to upgrade the Shanghai International Express and Freight Center is the latest move by FedEx to continue expanding its investment in China. The upgraded intercontinental transit center will expand its network coverage by connecting Shanghai with second - and third tier cities through various means. Combined with FedEx's reliable global freight network and unique products and services, this facility will further enhance the connectivity between China and the international market, support Chinese enterprises to flexibly and efficiently expand their global business, assist Shanghai in building a comprehensive gateway composite international aviation hub, and promote the construction of an international air cargo hub.
As an important pivot for China's foreign trade and economic development, Shanghai plays a crucial strategic role in FedEx's global network. FedEx's "Shanghai Tour" began in 2004, when the company first established its China headquarters in Shanghai; The Shanghai International Express and Cargo Center was put into use in 2018, which is one of the important facilities of FedEx in the Asia Pacific region and currently the largest facility of its kind at Pudong International Airport. This year, FedEx announced the official opening of its new China headquarters in Shanghai, further deepening its presence in China and promoting connectivity between China and the world.