SHENZHEN, Nov. 2, 2010— Today, after launching the first new Boeing 777F (777F) in Shanghai in January this year, FedEx launched the second 777F route in Shenzhen, with four flights weekly from Tuesday through Friday. The new route meets the growing demand for capacity between Southern China and the United States.
“The launch of the 777F in Shenzhen supports our efforts to deliver convenient, efficient and high-quality service to our customers in southern China,” said Wilson Chung, vice president of FedEx Express International Priority Operations, FedEx China. “We now offer a direct flight from Shenzhen to our super hub in Memphis, TN USA. Flying direct to the super hub, puts our customers packages into the US network that much faster and helps promote international trade in Southern China.”
Because of its expanding international trade, Shenzhen has long been a FedEx gateway city for Southern China. According to the Shenzhen Customs District, the People’s Republic of China, Shenzhen’s total import and export volume in September was USD 33.63 billion, the highest on the record, indicating a year-on-year increase of 29.7% for September, which was 5% higher than the increased rate of the China’s total import and export volume during the same period. Guangdong province’s import and export volume is also increasing steadily. According to the statistics on the website of the Ministry of Commerce of the People’s Republic of China, Guangdong’s total import and export volume in September was USD 73.9 billion, indicating a year-on-year increase of 22% for September, which again broke the province’s highest record.
FedEx continuously provides unparalleled connectivity and delivery services to China customers. The launch of the second 777F route in China demonstrates the company’s unweaving commitment to China customers. Because of the larger cargo capacity, FedEx strategically placed the second 777F in Shenzhen to serve the booming southern China market and offer practical solutions for the increasing shipping needs.
FedEx continuously advances the express logistics industry, by investing and using new technology for creativity and sustainable development. As part of its commitment to environmental sustainability, FedEx is expanding its fleet of 777F aircraft because of its fuel-efficiency and lower carbon emissions.
FedEx Express is the first U.S.-based, global, all-cargo freight airline to add the 777F to its fleet. By November 2010, FedEx Express had eight 777Fs serving routes between Asia and the U.S. There will be 25 777Fs in the company’s fleet by the end of fiscal 2018, 11 of which have already been delivered. FedEx Express holds an option on 15 more 777F.
777F Background
The 777F is the world’s largest twin-engine cargo aircraft. In typical FedEx operations, the 777 Freighter has a revenue payload capacity of 178,000 pounds (81 metric tons), and can fly 5,800 nautical miles, the equivalent of about 6,675 land miles or nearly three times the approximate distance between the east and west coasts of the U.S. This represents a payload improvement of 14,000 pounds and range improvement of 2,100 nautical miles over similarly arranged MD-11Fs, which until now has been the primary long-haul aircraft in the company’s fleet. Over shorter ranges, the 777F has the capability of payloads up to 215,000 pounds.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $36 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 285,000 team members to remain “absolutely, positively” focused on safety, the highest ethical and professional standards and the needs of their customers and communities.
About FedEx Express
FedEx Express is one of the world’s largest express transportation companies, providing fast and reliable delivery to every U.S. address and to more than 220 countries and territories. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, by a definite time and date with a money-back guarantee.
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