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FedEx Express launches new Malpensa hub in southern Europe

US multinational courier delivery services provider FedEx Express has opened its new international gateway to southern Europe at Milan-Malpensa airport to cope with growing demand.

The 35,000 square metre express logistics facility features advanced technology that will boost package sorting capacity by 25 per cent compared with the existing setup. The new facility comes as the number of shipments sent via FedEx from Italy to the rest of the world has grown by double digits.

"With 95 per cent of the world's consumers living outside US borders, FedEx has prioritised its expansion in areas that drive profitable growth and in turn, break down barriers and enable our customers to reach new markets," said David Cunningham, president and chief executive, FedEx Express.

"Expanding our operations in Malpensa is a key part of our network growth strategy, creating more capacity and enabling more business connections in Europe and around the world," said David Binks, president, FedEx Express Europe and chief executive of TNT.

"This new Southern Europe gateway represents the next step in building Europe's premier logistics network. In Italy alone, the number of people making online purchases has doubled over the last five years and purchases for 2016 are forecast to increase by 17 per cent compared to 2015."

FedEx has made significant investments in Italy over the years: since 2011, it has opened 24 stations across the country and introduced a direct cargo flight from Italy to the FedEx Express World Hub in Memphis, the London's Air Cargo News reported.
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