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FedEx hub progresses toward opening

Wed. August 27, 2008; Posted: 10:03 AM
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Aug 27, 2008 (High Point Enterprise - McClatchy-Tribune News Service via COMTEX) -- FDX | Quote | Chart | News | PowerRating -- Aug. 27--GREENSBORO -- FedEx Corp. is close to completing the installation of its package sorting equipment at the mammoth cargo hub set to open in the middle of next year at Piedmont Triad International Airport.

FedEx could start sending test packages through the layers of conveyors in its main building in the next 30 to 60 days, said Mickie Elmore, PTIA director of development, during the monthly meeting of the Piedmont Triad Airport Authority Tuesday.

FedEx is about 30 to 60 days ahead of schedule on development of the hub operation, said PTIA Executive Director Ted Johnson.

Construction is almost finished on the network of eight buildings that will make up the hub complex, Johnson said.

FedEx has pledged to create 1,500 full -- and part-time jobs when its latest national cargo hub is fully operational. The $300 million overnight package facility will cover 1 million square feet, and the complex will be capable of sorting up to 24,000 packages per hour.

The Memphis, Tenn.-based shipping and logistics conglomerate announced in April 1998 that it picked PTIA for its mid-Atlantic cargo hub. The Triad won a recruiting battle against five other airports in the Carolinas.

Federal, state and local agencies spent five-and-a-half years performing environmental and regulatory reviews of the project before work began at the hub site and on the expansion of the airport. PTIA is adding a parallel runway and taxiways to accommodate the hub operation.

To see more of the High Point Enterprise, or to subscribe to the newspaper, go to http://www.hpe.com. Copyright (c) 2008, High Point Enterprise, N.C. Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.

For full details on Fedex Corp (FDX) click here. Fedex Corp (FDX) has Short Term PowerRatings of 4. Details on Fedex Corp (FDX) Short Term PowerRatings is available at This Link.

    


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