HONG KONG (AP) - FedEx said Wednesday it will spend US$150 million (euro123 million) to develop a second Asian hub in the southern Chinese city of Guangzhou, adding to its existing regional center in the Philippines.
The new hub at Guangzhou's Baiyun International Airport is designed to better serve clients doing business in China, FedEx Corp., the world's largest cargo airline, said in a statement.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!