New FedEx COO Recaps Pacific Stanza
11-14-2014, 02:01 PM
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New FedEx COO Recaps Pacific Stanza
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FedEx serves as regional hub at Baiyun International Airport in Guangzhou, China.
In a final interview conducted before yesterday’s announcement of his promotion from his current role as president of FedEx Express Asia Pacific to company chief operating officer, David L. Cunningham, Jr., explained to FlyingTypers his view of the company’s APAC strategy…
Exactly 30 years ago, FedEx started laying the foundations of its Asia Pacific business when it bought the courier company Gelco and opened its own operations in China and Japan. From small beginnings come great things.
Since then the Memphis-headquartered express and logistics goliath's searing ambition has built a powerful AP footprint. Managed from regional headquarters in Tokyo, Shanghai, and Singapore and with operations centered on its APAC hub at Guangzhou Baiyun International Airport in China, FedEx Asia Pacific offers 400 flights per week, runs 3,900+ vehicles, and employs over 18,000 people in more than 30 territories and countries.
Last year FedEx expanded its facility at Beijing Capital International Airport to increase its handling capacity for international shipments, and in April this year the company commenced operations at its new North Pacific Regional Hub at Kansai International Airport in Osaka, Japan.
According to David Cunningham, Jr., president of FedEx Express Asia-Pacific, APAC will continue to be central to the company’s ambitious global growth plans in the years ahead. “If you look at Boeing’s forecasts, Asian air freight lanes to major markets are expected to be the fastest growing lanes and that’s expected to continue for the next 20 years,” he told FlyingTypers. “For example, China’s trade with the ASEAN bloc is now up to 37 percent of ASEAN’s overall trade, from 26 percent in 2000. And trade within Asia accounts for 25 percent of Asia’s total US$6 trillion annual exports.
“So, of course, Asia is very important. We expect it to be one of the fastest growing markets. Outside of the region, Mexico is expected to grow rapidly, but India should be a good market. China will stay on track and in South East Asia we see a lot of potential in Vietnam, Thailand, and the Philippines.”
Tapping into this growth, the company plans to expand its footprint across the region, most notably by opening a new FedEx Shanghai International Express and Cargo Hub in China, a development slated for completion in early 2017. The Hub will be able to process up to 36,000 documents and parcels per hour and meet expansion requirements for the next 20 years and beyond.
According to Cunningham, strategizing how to serve Asia is about understanding how and why the region and its component parts are rapidly evolving. For example, he sees rising costs and the rapid urbanization of China creating new markets and challenges and also opportunities—both in inland provinces of China and also in manufacturing centers in locations outside the country.
“The Chinese economy is moving towards one led by domestic growth, so that’s a tremendous and healthy shift. Part of that is because of the need to move manufacturing and services more inland and away from the coast.
“We’ve been in these inland markets such as Chengdu and Zhengzhou for a long time so we have the ability to meet those needs. We will continue to see as China urbanizes that this creates more and more inland markets.
“We now serve 400 cities there through our domestic express service and operate aircraft around the country as well as deferred trucking options for economy business. So we are well positioned to expand domestically and internationally.
“But China is also a more expensive place to do business and distribute than it was, so countries like Vietnam and other places in the South East are benefitting from this.”
Cunningham sees huge potential in India and also encourages the new President of Indonesia, Joko Widodo, to embrace policies that promote trade and investment rather than discourage it.
“I’ve been in the APEC [Asia Pacific Economic Cooperation] conference for the last few days and a big part of this is about trade facilitation and promotion,” he explained. “There are a number of agreements under discussion and they are all about making it easier for goods and services to flow across borders, which facilitates job and wealth creation.
“With around 300 million people, Indonesia has tremendous resources, great natural resources, etc. But it lacks infrastructure, which makes it difficult to manufacture or distribute there.
“They have also rolled back on plans to open markets so companies like FedEx can come in.”
Cunningham, like so many others, believes Indonesia lacks the roads, airports, and policies that will enable the country to truly take its rightful place on the global trading map. “Infrastructure is important, but it takes a long time,” he added. “Policy restructuring can create a lot of capacity within what’s already available so what you have is more efficient and automated.
“Indonesia still only represents a small part of Asian trade and this is mainly linked to natural resources. So that’s a missed opportunity for the country. It’s harder to invest there for foreign companies. FedEx and other companies would love to see progress on this front.
“By all accounts, President Joko Widodo is a dynamic young leader, so I hope he reverses this pattern. Indonesia needs new legislation and laws to reduce protectionism and create transparency.
“There’s a lot that can be done with a few strokes of a pen.”
SkyKing
.
FedEx serves as regional hub at Baiyun International Airport in Guangzhou, China.
In a final interview conducted before yesterday’s announcement of his promotion from his current role as president of FedEx Express Asia Pacific to company chief operating officer, David L. Cunningham, Jr., explained to FlyingTypers his view of the company’s APAC strategy…
Exactly 30 years ago, FedEx started laying the foundations of its Asia Pacific business when it bought the courier company Gelco and opened its own operations in China and Japan. From small beginnings come great things.
Since then the Memphis-headquartered express and logistics goliath's searing ambition has built a powerful AP footprint. Managed from regional headquarters in Tokyo, Shanghai, and Singapore and with operations centered on its APAC hub at Guangzhou Baiyun International Airport in China, FedEx Asia Pacific offers 400 flights per week, runs 3,900+ vehicles, and employs over 18,000 people in more than 30 territories and countries.
Last year FedEx expanded its facility at Beijing Capital International Airport to increase its handling capacity for international shipments, and in April this year the company commenced operations at its new North Pacific Regional Hub at Kansai International Airport in Osaka, Japan.
According to David Cunningham, Jr., president of FedEx Express Asia-Pacific, APAC will continue to be central to the company’s ambitious global growth plans in the years ahead. “If you look at Boeing’s forecasts, Asian air freight lanes to major markets are expected to be the fastest growing lanes and that’s expected to continue for the next 20 years,” he told FlyingTypers. “For example, China’s trade with the ASEAN bloc is now up to 37 percent of ASEAN’s overall trade, from 26 percent in 2000. And trade within Asia accounts for 25 percent of Asia’s total US$6 trillion annual exports.
“So, of course, Asia is very important. We expect it to be one of the fastest growing markets. Outside of the region, Mexico is expected to grow rapidly, but India should be a good market. China will stay on track and in South East Asia we see a lot of potential in Vietnam, Thailand, and the Philippines.”
Tapping into this growth, the company plans to expand its footprint across the region, most notably by opening a new FedEx Shanghai International Express and Cargo Hub in China, a development slated for completion in early 2017. The Hub will be able to process up to 36,000 documents and parcels per hour and meet expansion requirements for the next 20 years and beyond.
According to Cunningham, strategizing how to serve Asia is about understanding how and why the region and its component parts are rapidly evolving. For example, he sees rising costs and the rapid urbanization of China creating new markets and challenges and also opportunities—both in inland provinces of China and also in manufacturing centers in locations outside the country.
“The Chinese economy is moving towards one led by domestic growth, so that’s a tremendous and healthy shift. Part of that is because of the need to move manufacturing and services more inland and away from the coast.
“We’ve been in these inland markets such as Chengdu and Zhengzhou for a long time so we have the ability to meet those needs. We will continue to see as China urbanizes that this creates more and more inland markets.
“We now serve 400 cities there through our domestic express service and operate aircraft around the country as well as deferred trucking options for economy business. So we are well positioned to expand domestically and internationally.
“But China is also a more expensive place to do business and distribute than it was, so countries like Vietnam and other places in the South East are benefitting from this.”
Cunningham sees huge potential in India and also encourages the new President of Indonesia, Joko Widodo, to embrace policies that promote trade and investment rather than discourage it.
“I’ve been in the APEC [Asia Pacific Economic Cooperation] conference for the last few days and a big part of this is about trade facilitation and promotion,” he explained. “There are a number of agreements under discussion and they are all about making it easier for goods and services to flow across borders, which facilitates job and wealth creation.
“With around 300 million people, Indonesia has tremendous resources, great natural resources, etc. But it lacks infrastructure, which makes it difficult to manufacture or distribute there.
“They have also rolled back on plans to open markets so companies like FedEx can come in.”
Cunningham, like so many others, believes Indonesia lacks the roads, airports, and policies that will enable the country to truly take its rightful place on the global trading map. “Infrastructure is important, but it takes a long time,” he added. “Policy restructuring can create a lot of capacity within what’s already available so what you have is more efficient and automated.
“Indonesia still only represents a small part of Asian trade and this is mainly linked to natural resources. So that’s a missed opportunity for the country. It’s harder to invest there for foreign companies. FedEx and other companies would love to see progress on this front.
“By all accounts, President Joko Widodo is a dynamic young leader, so I hope he reverses this pattern. Indonesia needs new legislation and laws to reduce protectionism and create transparency.
“There’s a lot that can be done with a few strokes of a pen.”
SkyKing
.
11-15-2014, 02:07 PM
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Joined APC: Mar 2012
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Originally Posted by TonyC
From
FedEx serves as regional hub at Baiyun International Airport in Guangzhou, China.
In a final interview conducted before yesterday’s announcement of his promotion from his current role as president of FedEx Express Asia Pacific to company chief operating officer, David L. Cunningham, Jr., explained to FlyingTypers his view of the company’s APAC strategy…
Exactly 30 years ago, FedEx started laying the foundations of its Asia Pacific business when it bought the courier company Gelco and opened its own operations in China and Japan. From small beginnings come great things.
Since then the Memphis-headquartered express and logistics goliath's searing ambition has built a powerful AP footprint. Managed from regional headquarters in Tokyo, Shanghai, and Singapore and with operations centered on its APAC hub at Guangzhou Baiyun International Airport in China, FedEx Asia Pacific offers 400 flights per week, runs 3,900+ vehicles, and employs over 18,000 people in more than 30 territories and countries.
Last year FedEx expanded its facility at Beijing Capital International Airport to increase its handling capacity for international shipments, and in April this year the company commenced operations at its new North Pacific Regional Hub at Kansai International Airport in Osaka, Japan.
According to David Cunningham, Jr., president of FedEx Express Asia-Pacific, APAC will continue to be central to the company’s ambitious global growth plans in the years ahead. “If you look at Boeing’s forecasts, Asian air freight lanes to major markets are expected to be the fastest growing lanes and that’s expected to continue for the next 20 years,” he told FlyingTypers. “For example, China’s trade with the ASEAN bloc is now up to 37 percent of ASEAN’s overall trade, from 26 percent in 2000. And trade within Asia accounts for 25 percent of Asia’s total US$6 trillion annual exports.
“So, of course, Asia is very important. We expect it to be one of the fastest growing markets. Outside of the region, Mexico is expected to grow rapidly, but India should be a good market. China will stay on track and in South East Asia we see a lot of potential in Vietnam, Thailand, and the Philippines.”
Tapping into this growth, the company plans to expand its footprint across the region, most notably by opening a new FedEx Shanghai International Express and Cargo Hub in China, a development slated for completion in early 2017. The Hub will be able to process up to 36,000 documents and parcels per hour and meet expansion requirements for the next 20 years and beyond.
According to Cunningham, strategizing how to serve Asia is about understanding how and why the region and its component parts are rapidly evolving. For example, he sees rising costs and the rapid urbanization of China creating new markets and challenges and also opportunities—both in inland provinces of China and also in manufacturing centers in locations outside the country.
“The Chinese economy is moving towards one led by domestic growth, so that’s a tremendous and healthy shift. Part of that is because of the need to move manufacturing and services more inland and away from the coast.
“We’ve been in these inland markets such as Chengdu and Zhengzhou for a long time so we have the ability to meet those needs. We will continue to see as China urbanizes that this creates more and more inland markets.
“We now serve 400 cities there through our domestic express service and operate aircraft around the country as well as deferred trucking options for economy business. So we are well positioned to expand domestically and internationally.
“But China is also a more expensive place to do business and distribute than it was, so countries like Vietnam and other places in the South East are benefitting from this.”
Cunningham sees huge potential in India and also encourages the new President of Indonesia, Joko Widodo, to embrace policies that promote trade and investment rather than discourage it.
“I’ve been in the APEC [Asia Pacific Economic Cooperation] conference for the last few days and a big part of this is about trade facilitation and promotion,” he explained. “There are a number of agreements under discussion and they are all about making it easier for goods and services to flow across borders, which facilitates job and wealth creation.
“With around 300 million people, Indonesia has tremendous resources, great natural resources, etc. But it lacks infrastructure, which makes it difficult to manufacture or distribute there.
“They have also rolled back on plans to open markets so companies like FedEx can come in.”
Cunningham, like so many others, believes Indonesia lacks the roads, airports, and policies that will enable the country to truly take its rightful place on the global trading map. “Infrastructure is important, but it takes a long time,” he added. “Policy restructuring can create a lot of capacity within what’s already available so what you have is more efficient and automated.
“Indonesia still only represents a small part of Asian trade and this is mainly linked to natural resources. So that’s a missed opportunity for the country. It’s harder to invest there for foreign companies. FedEx and other companies would love to see progress on this front.
“By all accounts, President Joko Widodo is a dynamic young leader, so I hope he reverses this pattern. Indonesia needs new legislation and laws to reduce protectionism and create transparency.
“There’s a lot that can be done with a few strokes of a pen.”
SkyKing
.
FedEx serves as regional hub at Baiyun International Airport in Guangzhou, China.
In a final interview conducted before yesterday’s announcement of his promotion from his current role as president of FedEx Express Asia Pacific to company chief operating officer, David L. Cunningham, Jr., explained to FlyingTypers his view of the company’s APAC strategy…
Exactly 30 years ago, FedEx started laying the foundations of its Asia Pacific business when it bought the courier company Gelco and opened its own operations in China and Japan. From small beginnings come great things.
Since then the Memphis-headquartered express and logistics goliath's searing ambition has built a powerful AP footprint. Managed from regional headquarters in Tokyo, Shanghai, and Singapore and with operations centered on its APAC hub at Guangzhou Baiyun International Airport in China, FedEx Asia Pacific offers 400 flights per week, runs 3,900+ vehicles, and employs over 18,000 people in more than 30 territories and countries.
Last year FedEx expanded its facility at Beijing Capital International Airport to increase its handling capacity for international shipments, and in April this year the company commenced operations at its new North Pacific Regional Hub at Kansai International Airport in Osaka, Japan.
According to David Cunningham, Jr., president of FedEx Express Asia-Pacific, APAC will continue to be central to the company’s ambitious global growth plans in the years ahead. “If you look at Boeing’s forecasts, Asian air freight lanes to major markets are expected to be the fastest growing lanes and that’s expected to continue for the next 20 years,” he told FlyingTypers. “For example, China’s trade with the ASEAN bloc is now up to 37 percent of ASEAN’s overall trade, from 26 percent in 2000. And trade within Asia accounts for 25 percent of Asia’s total US$6 trillion annual exports.
“So, of course, Asia is very important. We expect it to be one of the fastest growing markets. Outside of the region, Mexico is expected to grow rapidly, but India should be a good market. China will stay on track and in South East Asia we see a lot of potential in Vietnam, Thailand, and the Philippines.”
Tapping into this growth, the company plans to expand its footprint across the region, most notably by opening a new FedEx Shanghai International Express and Cargo Hub in China, a development slated for completion in early 2017. The Hub will be able to process up to 36,000 documents and parcels per hour and meet expansion requirements for the next 20 years and beyond.
According to Cunningham, strategizing how to serve Asia is about understanding how and why the region and its component parts are rapidly evolving. For example, he sees rising costs and the rapid urbanization of China creating new markets and challenges and also opportunities—both in inland provinces of China and also in manufacturing centers in locations outside the country.
“The Chinese economy is moving towards one led by domestic growth, so that’s a tremendous and healthy shift. Part of that is because of the need to move manufacturing and services more inland and away from the coast.
“We’ve been in these inland markets such as Chengdu and Zhengzhou for a long time so we have the ability to meet those needs. We will continue to see as China urbanizes that this creates more and more inland markets.
“We now serve 400 cities there through our domestic express service and operate aircraft around the country as well as deferred trucking options for economy business. So we are well positioned to expand domestically and internationally.
“But China is also a more expensive place to do business and distribute than it was, so countries like Vietnam and other places in the South East are benefitting from this.”
Cunningham sees huge potential in India and also encourages the new President of Indonesia, Joko Widodo, to embrace policies that promote trade and investment rather than discourage it.
“I’ve been in the APEC [Asia Pacific Economic Cooperation] conference for the last few days and a big part of this is about trade facilitation and promotion,” he explained. “There are a number of agreements under discussion and they are all about making it easier for goods and services to flow across borders, which facilitates job and wealth creation.
“With around 300 million people, Indonesia has tremendous resources, great natural resources, etc. But it lacks infrastructure, which makes it difficult to manufacture or distribute there.
“They have also rolled back on plans to open markets so companies like FedEx can come in.”
Cunningham, like so many others, believes Indonesia lacks the roads, airports, and policies that will enable the country to truly take its rightful place on the global trading map. “Infrastructure is important, but it takes a long time,” he added. “Policy restructuring can create a lot of capacity within what’s already available so what you have is more efficient and automated.
“Indonesia still only represents a small part of Asian trade and this is mainly linked to natural resources. So that’s a missed opportunity for the country. It’s harder to invest there for foreign companies. FedEx and other companies would love to see progress on this front.
“By all accounts, President Joko Widodo is a dynamic young leader, so I hope he reverses this pattern. Indonesia needs new legislation and laws to reduce protectionism and create transparency.
“There’s a lot that can be done with a few strokes of a pen.”
SkyKing
.
Sounds like insurance for you guys A plan to me.
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