GMA News Online

Fedex closing hub operations in Subic on Friday

February 5, 2009 8:18pm
SUBIC BAY FREEPORT, Philippines —Federal Express’ last flight will land at the Subic Bay International Airport (SBIA) Friday at around 3:30 a.m., marking the end of its 13-year-old Asian hub operations here.

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
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