FedEx Express (FedEx) has establishment a branch in Huzhou, Zhejiang Province, that is aimed at meeting the growing need for domestic and international delivery services in Zhejiang and the Yangtze River Delta.
Huzhou is an example of China's booming second and third-tier cities, FedEx said in a statement released today. The city's rapid economic development, strong manufacturing base and increasing export volume have brought about a wealth of new commercial opportunities to the logistics industry.
In 2006 alone, Huzhou's volume of foreign trade exceeded US$3 billion in 2006, a 32.6 percent increase year-over-year.
Covering an area of 374 sq m, the Huzhou branch has an advanced, specialised warehouse and an inbound and outbound sort system, which can sort up to 450 packages per hour.
Domestic shipments will be channeled through the Hangzhou-based China Regional Hub, which will then sort and send the packages for next-business-day, time-definite delivery to more 30 cities and day-definite service to more than 200 cities.
International packages will be transported to the FedEx Shanghai Gateway at Pudong Airport and loaded onto FedEx MD-11 and A-310 freighters to be connected with the FedEx global network.
Jimmy Chen, regional vice-president of domestic service for FedEx China said Huzhou's high-tech and modern manufacturing industry accounted for 50 percent of the city's GDP.
"We are excited to be part of Huzhou's economic expansion," he said. "As part of the FedEx network, our new branch will help streamline delivery operations in this burgeoning market."
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