FedEx Express to expand cargo footprint at Miami International

Miami International Airport

Parcel giant FedEx Express is to expand its logistics footprint at Miami International Airport (MIA), the fourth largest cargo hub in the US.

Property company Aeroterm, which has developed a number of airport cargo facilities across the US, has reach an agreement with airport landlord Miami-Dade County for the expansion of its air cargo facility at MIA.

Aeroterm leases the MIA facility to FedEx Express, a development completed in 2004 with a 25-year lease on 23.4 acres.

Aeroterm will extend the ground lease to 2050 and expand the premises by approximately 6 acres of additional land, on which it will construct the building expansion.

Alexi Lachambre, vice president of development for Aeroterm, said: “As a world leader in air cargo, FedEx is a key customer in our portfolio expansion. We look forward to delivering this facility in record time to accommodate the growing business needs of FedEx.”

The Florida airport saw 2018 cargo volumes increase by 2.8% to 2.3m tons as three new cargo carriers launched operations. FedEx is one of the largest cargo carriers at MIA.

Lachambre added: “Miami is a top gateway airport and key entry point for perishables and other high-value goods from South America. We look forward to continuing our long-standing relationship with FedEx and the airport to support local job growth and improve airport operations.”

Aeroterm is currently working on air cargo developments at New York’s JFK airport, Cincinnati/Northern Kentucky International Airport, and the latest phase of an air cargo development at Chicago’s O’Hare International Airport.

Share this story

Related Topics

Latest americas news

Airfreight is Latin American aviation’s real pandemic winner

By Pilar Wolfsteller - FlightGlobal

The transport of cargo was a key driver of Latin American passenger carriers’ success in maintaining their operations during the…

Read More

Share this story

Lufthansa Cargo opts for WFS for handling in Brazil

By Damian Brett

Lufthansa Cargo has awarded a three-year cargo handling contract to Worldwide Flight Services (WFS) at São Paulo–Guarulhos International Airport. The…

Read More

Share this story

Cargo Force set for expansion following US Postal win

By Damian Brett

Handler Cargo Force will open four new US facilities after winning a new contract with the US Postal Service (USPS)….

Read More

Share this story