FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX), and theworld’s largest express transportation company, officially openedits new gateway facility at Copenhagen Airport. The new facilitywill serve as a gateway for inbound and outbound shipments forDenmark, Finland, Norway and Sweden. It marks the ninth new FedExExpress facility in the Nordic region in the last five years.

　　“The Nordic gateway will bring our Nordic customers even closerto the rest of the world. By combining courier, customs clearance,sortation and aircraft operations in a single location, we willfurther enhance operations in the Nordics. I am delighted that weare fully operational just over a year after we announced thisinvestment,” said David Canavan, senior vice president, Operations,FedEx Express Europe

　　“The gateway’s location at Copenhagen Airport is ideal, becauseof its strong freight transport infrastructure and proximity toSweden,” Canavan added. “The facility is a key part of our growthstrategy in Europe, where we have expanded with more than 100 newstations since 2011.”

　　The Nordics region—Denmark, Finland, Norway and Sweden—hasexperienced steady economic growth in recent times, leading to anaverage forecasted GDP growth of 2% in 2016. This upward trend isalso reflected in FedEx Express shipping data. For example,shipments between June 2014 and May 2015 from these markets to therest of Europe increased by more than 24% compared to the previous12 months. North America in particular has also grown in economicsignificance for the Nordics, with the overall number of FedExExpress shipments from the Nordic region to North Americaincreasing by about 22% between June 2014 and May 2015, compared tothe same period the previous year.

　　“Ideally positioned between North America and the Middle East,Copenhagen Airport has gained status as the largest cargo hub inNorthern Europe. In 2015 more than 370.000 tonnes of cargo camethrough the airport and with the new FedEx facility we have maderoom for even more cargo in the coming years. This is great newsfor Denmark and Copenhagen Airport,” said Thomas Woldbye, chiefexecutive officer, Copenhagen Airports.

　　The new 8,000-m2 facility can sort 3,300 packages per hour,process 18 weekly FedEx Express flights, 170 truck movements perweek and a fleet of up to 36 pick-up and delivery vehicles.Approximately 120 FedEx Express team members will work at the site.The facility is located in the airport′s cargo area near theOresund Bridge to Sweden.

　　About FedEx Express

　　FedEx Express is the world’s largest express transportationcompany, providing fast and reliable delivery to more than 220countries and territories. FedEx Express uses a globalair-and-ground network to speed delivery of time-sensitiveshipments, by a definite time and date with a money-backguarantee[1].