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FedEx to double air cargo unit at Incheon airport to meet demand

FEDEX Express has revealed it will double its air cargo handling facility at Incheon International Airport as it looks to cater for rising volumes in South Korea.

The airport has experienced the volume of international shipments increase 10.4 per cent in 2016 from 2012 to 2.7 million tons.

When it is completed in 2021, the express giant's FedEx Cargo Terminal will cover an area of 23,425-square metres, more than twice the size of its existing facility.

The terminal will feature warehouse, office and a canopy space and will offer an automated cargo sorting system to meet the fast-growing demand of express cargo.

Once completed the new facility will have the capacity to sort up to 18,000 packages per hour.

"As one of the largest economies in Asia, Korea continues to build its trade connections internationally. FedEx is investing to support the robust demand in Korean imports and exports to better serve customers in this important market." said FedEx Express Korea chief Eun-Mi Chae.

"With the expansion of our FedEx facility at Korea's main gateway, we will improve our operational capabilities and create greater access to the global market supported through our integrated network," he said.

The express firm signed an agreement with Incheon International Airport Corporation to confirm the construction of the terminal last week.