GLOBAL SUPPLY CHAIN FEBRUARY 2022 ISSUE

Page 54

FEDEX

FedEx Express signs agreement with Dubai South for New Regional Air Hub

The new hub will help FedEx Express unlock more value for its customers across the globe

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n the presence of HH Sheikh Ahmed Bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman and Chief Executive of Emirates Airlines and Group and Chairman of Dubai Airports, FedEx Express signed an agreement with Dubai South to build its new regional hub for the Middle East, Indian Subcontinent and Africa (MEISA) region at the Logistics District. Located in proximity to Dubai World Central Airport (DWC), the new FedEx Express regional hub at Dubai South will incorporate state-of-the-art technologies

to support the company’s regional and global networks and increase operational efficiencies to meet growing trade demands within the MEISA region. The agreement was inked by Khalifa Alzaffin, Executive Chairman, Dubai Aviation City Corporation and Dubai South and Jack Muhs, Regional President, FedEx Express Middle East, Indian Subcontinent and Africa region. The signing ceremony was held at ‘Hypermotion Dubai’ at the World Expo’s Dubai Exhibition Centre, an event focused on next generation mobility and logistics.

“With increasing trade needs within the region and globally, the ideal location of the hub and our advanced technology solutions will allow us to grow and strengthen our presence in the MEISA region and beyond,” Muhs said. “The mega logistic player’s presence will further consolidate our global position as the preferred choice for industry players seeking to operate in an integrated, economic environment, where they would connect with international markets through a multimodal platform,” commented Al Zaffin.

FedEx Express offers businesses new time-definite delivery options FedEx International Priority Express provides businesses in the Middle East with cross-border delivery options

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edEx Express announced the launch of FedEx International Priority Express (IPE) in the UAE offering customers who ship internationally the flexibility to schedule delivery by 10:30 am or noon to select destinations worldwide. With the addition of this new service, FedEx now provides a wider range of time-definite international priority shipping options to its customers. Businesses across the Middle East region can now select the right delivery option that suits their needs with choices, giving them enhanced convenience and flexibility.

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These time-definite cross-border delivery options are part of FedEx efforts to support businesses amidst the soaring demand for cross-border commerce. Across the Middle East and Africa, the Freight and Cargo market is expected to reach US$ 315bn, growing at a compound annual growth rate (CAGR) of 4% by 2027, a press statement said. “As economies begin to recover, businesses and consumers alike are placing heightened value on trackable, time-definite delivery, and the segment is set to grow,” said Kawal Preet, President, Asia Pacific, Middle East and Africa Region, FedEx Express.


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