FedEx expands in Asia with new frequencies via HK
( 2003-09-15 15:47) (Xinhua)
FedEx Express, a subsidiary of FedEx Corporation, has been awarded 13
additional frequencies in and out of Hong Kong by the United States Department
of Transportation, the company announced in Hong Kong Monday.
The 13 additional frequencies allow FedEx to enhance service in Asia Pacific
and Europe, benefiting multiple customers in the markets, said David L.
Cunningham, Jr., president of FedEx Express Asia Pacific Division.
"We strongly believe that the expansion of all cargo services in and out of
Hong Kong will not only give the marketplace more air freight options in the
short term, but the increased liberalization will ultimately serve to stimulate
the territory's overall economy," he said.
"These additional frequencies will provide the basis for enhancing our
services to customers across Asia Pacific," Cunningham said.
These additional air rights through Hong Kong will allow FedEx Express to
better serve the marketplace in several fundamental ways, including a greater
number of shipping options to more destinations, expanded access within Asia,
direct service to Europe, and ultimately, greater connectivity to more than 200
countries, he elaborated.
With annual revenues of US$22 billion, FedEx Corporation is the premier
global provider of transportation, e- commerce and supply chain management
services. FedEx Express, a subsidiary of FedEx Corporation, is the US carrier
with the greatest number of flights in and out of Hong
Kong.
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