FedEx Express Expands Paris-Charles de Gaulle Distribution Hub
18th October 2016
FedEx Express is expanding its distribution hub at Paris-Charles de Gaulle (CDG) Airport. Once completed, this new facility will be one of the worlds most advanced express logistics hubs, featuring technology that will boost package sorting capacity by more than 40 percent. The commitment includes 200 million in capital and a 30-year lease. Joining in todays announcement was the President of the French Republic, François Hollande.
This investment is part of the companys 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.
Construction is set to begin in the Summer of 2017 and the facility is scheduled to be operational by 2019. Upon completion, the CDG hub will include an automated sorting system for large, over-sized packages, which is a worldwide first for FedEx Express and an increasing market trend as e-commerce continues to grow. As a part of the FedEx commitment to sustainability, the new building will be HQE and BREEAM certified, which means that it will be built with non-polluting materials and equipped with LED lighting. In conjunction with this major investment, FedEx anticipates the expansion will create new positions, adding to the current workforce at CDG.
FedEx Express has been active in France since 1985, with CDG becoming its main European hub in 1999 and the largest FedEx hub outside of the U.S. In addition, the companys hub in Cologne, Germany and the TNT hub in Liege, Belgium will be maintained as significant operations for the group moving forward.