FedEx Nacional begins operations in Mexico

Source: Supply Chain Digital

Date :10/7/2008 9:01:29 AM

FedEx Express has begun its domestic overnight service in Mexico, FedEx Express Nacional, and announced the opening of the Toluca Hub Multiplex, its new center of operations for domestic shipments.

The service covers all 32 Mexican states with the support of two new centers of operations in Toluca (Multiplex) and San Luis Potosi, the latter to open in early 2009, FedEx said.

Commenting, Michael L Ducker, President International, FedEx Express, said: "Mexico continues to be one of the fastest-growing markets in the express industry and a key part of FedEx international growth and profitability."

The express shipping market in Mexico is valued at US$822 million and is projected to grow to US$1.5 billion in the next 10 years, according to the Mexican Civil Parcel and Shipping Association.

FedEx has also begun domestic operations at the Toluca Hub Multiplex, the Express unit’s domestic service distribution center in Mexico's Federal District metropolitan area.

The company said it expects the sorting capacity and the number of employees to increase during the next few years.