Cargo hubs set to lift airport rank
By Yang Jian |
July 13, 2012, Friday
|
Print Edition
Print Edition
SHANGHAI'S Pudong International Airport may become the world's busiest by cargo traffic in five years with the opening of freight hubs at the airport by the world's major logistic companies.
The airport moved 3.1 million tons of freight last year and ranks third after Hong Kong and Memphis in the US. Pudong trails the top two airports by about 500,000 tons.
"Despite a 7 percent drop in the freight turnover at (Pudong) airport this year amid the global economic turmoil, the volume may rebound soon as DHL and FedEx opened their hubs at the airport," said Li Derun, president of the Shanghai Airport Authority, yesterday.
Cargos handled by the three global logistic giants - DHL, Fedex and UPS - account for 10 percent of the airport's total freight volume while the value accounts for over 40 percent of the total, Li said.
DHL yesterday opened a US$175 million North Asia Hub, the largest express facility at the Pudong airport, and the company's biggest investment in China. The German company planned to invest another US$132 million to add eight cargo planes to serve the new hub over the next two years, Frank Appel, the CEO, said yesterday.
Meanwhile, FedEx opened a new operating center in the western part of the airport to expand its handling capacity by 50 percent. It also planned to raise flights by adding two Boeing 777 freighters.
"The turnover capacity and throughput of Pudong airport will be largely enhanced with the opening of the logistic centers," said Li.
He sees the airport's freight capacity to reach 5 million tons annually by 2020.
The airport moved 3.1 million tons of freight last year and ranks third after Hong Kong and Memphis in the US. Pudong trails the top two airports by about 500,000 tons.
"Despite a 7 percent drop in the freight turnover at (Pudong) airport this year amid the global economic turmoil, the volume may rebound soon as DHL and FedEx opened their hubs at the airport," said Li Derun, president of the Shanghai Airport Authority, yesterday.
Cargos handled by the three global logistic giants - DHL, Fedex and UPS - account for 10 percent of the airport's total freight volume while the value accounts for over 40 percent of the total, Li said.
DHL yesterday opened a US$175 million North Asia Hub, the largest express facility at the Pudong airport, and the company's biggest investment in China. The German company planned to invest another US$132 million to add eight cargo planes to serve the new hub over the next two years, Frank Appel, the CEO, said yesterday.
Meanwhile, FedEx opened a new operating center in the western part of the airport to expand its handling capacity by 50 percent. It also planned to raise flights by adding two Boeing 777 freighters.
"The turnover capacity and throughput of Pudong airport will be largely enhanced with the opening of the logistic centers," said Li.
He sees the airport's freight capacity to reach 5 million tons annually by 2020.
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