London, December 12, 2022: FedEx Express Europe, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, today officially unveiled new package sorting technology at its Stansted Airport facility. The new automated scanning and sorting technology speeds up the flow of exports through the site’s operations resulting in approximately 80% of shipments bound for international markets being scanned and approved by machines.
The upgrade is part of an ongoing redevelopment of the facility and follows a previous expansion of the building in December 2020. Work is also underway on a new FedEx import sort system expected to be completed in 2023. The total investment by FedEx into Stansted for these ongoing projects is estimated at $25m.
Alun Cornish, Managing Director, Ramp and Gateways Operations for Northern Europe at FedEx said: “The Stansted Airport facility plays a key role in the economic development of London and the Southeast, connecting our customers and helping them grow their businesses within the UK and around the world. With this investment we’re demonstrating our long-term commitment to the region, for the upcoming peak season and beyond.”
The FedEx Express gateway facility at Stansted Airport is dedicated to processing international import and export shipments. Located just 68 kilometres away from London, Stansted is the UK’s third largest cargo airport and currently handles over 258,000 tonnes of cargo annually. It is currently the only London airport with the capacity and infrastructure to support increased demand for cargo aviation over the next 10-15 years[1].
Because of its strategic location, businesses can easily access and expand into international markets through the extensive FedEx Express global road and air network. Whether importing or exporting, customers have access to 24-hour express services to 220 countries and territories worldwide.
[1] https://www.magairports.com/our-expertise/cargo-services/london-stansted-cargo/