Fedex closing hub operations in Subic on Friday
The courier giant is moving its entire hub operations to Guangzhou in China.
According to Fedex sources, its Philippine cargoes will be loaded and unloaded in Manila starting Friday night or Saturday morning.
They added that around 500 employees will be affected by the move.
The closure of its Subic Bay AsiaOne hub, which began operations in May 17, 1995, marks the activation of its superhub operations in Guangzhou. - John Bayarong,GMANews.TV