FedEx Express, a subsidiary of FedEx Corp (NYSE: FDX) and one of the world’s largest express transportation companies, has signed a Memorandum of Understanding (MoU) with the NSW Government to collaborate on the design and development of a new freight and logistics hub at the Western Sydney Aerotropolis.
Premier of NSW, Gladys Berejiklian said, “This MoU will support increased trade and export of local products through the Western Sydney International (Nancy Bird Walton) Airport. The 24/7 freight and logistics hub will be a cutting-edge facility that allows fresh produce to be transported from local paddocks to international plates in under 36 hours, and open up a global market for farmers and local businesses in Western Sydney.”
“FedEx Express has agreed to play a key role in the development of a freight and logistics hub in the Western Sydney Aerotropolis. We will leverage their expertise to transform the way goods are brought from Western Sydney to the world,” Ms. Berejiklian said.
Minister for Jobs, Investment, Tourism and Western Sydney, Stuart Ayres said, “The latest MoU helps ensure Western Sydney has a competitive advantage when it comes to freight and logistics. With the latest technology, this is an opportunity to position Western Sydney to capitalise on that advantage for our businesses.”
“We have now signed MoUs with companies across aerospace, defence, manufacturing, agribusiness, education and logistics and are on track to create 200,000 jobs in the Western Parkland City,” Mr. Ayres said.
Peter Langley, vice president, FedEx Express, Australasia said “In today’s business environment, having a competitive edge is critical to success and with our FedEx and TNT services, we are offering customers the ability to optimise their cross-border supply chains at high speeds and without compromise on reliability,”
“FedEx Express is pleased to be able to work with the NSW Government to build a leading freight and logistics hub in Western Sydney. With the presence of this facility, we are creating more possibilities for local businesses to reach potential new markets across the world.” Mr. Langley said.
The freight and logistics hub, to be built on the doorstep of the Western Sydney International Airport, will be supported by automated technologies and include digital capabilities that are having a big impact in the way goods are moving around the world.