Home > News > FedEx closes Asia-Pacific hub in Subic Bay Philippines

FedEx closes Asia-Pacific hub in Subic Bay Philippines

February 6, 2009 by 14 Comments

US delivery giant FedEx closed its Asia-Pacific hub in Subic Bay Friday, marking the end of its 13-year-old operations here.

The courier giant is moving its entire hub operations to Guangzhou in China. The market in China is reportedly bigger than the entire market of Southeast Asia. China also gave FedEx rights to handle its domestic cargo, which is huge.

More than 700 Filipinos were left jobless and dozens of workers showed up before dawn Friday at the former hub to wave goodbye to one of the last FedEx planes to fly out of Subic.

Filed Under: News


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Comments

comments

  • Hudas

    this is sad.

  • KAPAMILYA AKO

    very tremendous!

  • Kat

    Wla taung magagawa.

  • http://www.pinoyfactor.com iAN

    Kawawa yung mga nawalan ng trabaho. :(

  • rta

    yup cris you got that ryt! #1 na ang pilipinas sa corruption coming from a world reknowned financial institution.

    hello garci/fertilizer scam/bangsamoro scam/world bank scam/ZTE northrail scam/

    and now… the “economic stimulus” (election) package

  • nyahaha

    i’m not pro or against gloria

    kahit palitan nyo sya ng bagong presidente pero kung karamihan ng mga tao ay TAMAD na laging sinasabi ay mahirap sila at sinisisi ang gobyerno ay talagang walang mangyayari.

    SPOILED ang mga pinoy

    :p

    kapag tumaas ang mgs presyo ng bilihin, reklamo ang sunod, yang mga jeepney at tricycle na yan ang lalong nagpapahirap sa atin, laging gusto mababa ang presyo ng gasolina, tapos strike strike pa! sa ibang bansa walang ganyang problema dahil hindi sila nagmumukmok na lang sa isang tabi, gagawa sila ng paraan para makaya nila.

    LIFE is TOUGH

  • sabatera_01

    kawawa naman mga filipinos… naghihirap na nga lalo pang nahihirapan due to unemployment… tapos sasabihin na tangkilikin ang sariling atin e ala ngang mahanap na trabaho dito kaya nangingibang bansa na lang…

  • moi

    God bless pinas

  • mandarayaaaaa

    history is crueally reapeating itself… gloria=marcos while mike arroyo = imelda

  • Breaqerz

    Gaya ng sabi ni moi:

    God Bless The Philippines!!!!

  • akoy batangueno..pakemu?

    madami namang trabaho..tamad lang talaga ang mga pinoy…look t south korea’s miracle….that attests na hinde lang good leader ang kailangan..kundi mga taong handang maghanap ng solusyon tungo sa kaunlara…

  • http://cebuimage.blogspot.com Cebu Picturs

    Should we boycott any fedex office in the philippines

  • http://cebuimage.blogspot.com Cebu Pictures

    No comment or news from the Government about Fedex, Intel and Panasonic.

    Is that means no more solution to the closing company?

    Sana bigyan ng incentive para mag stay

  • HENYO

    im not agree on what u’ve said NYAHAHA, sabihin mo yan sa mga mangingisda at magsasaka na TAMAD sila ewan ko lang kung saan ko pupulutin, people are hopeless because they see no one to lead them and give them better future at saan mo hahanapin ito kung di sa namumuno at namamahala ng ating mahal na Pilipinas. At never naming sinisi ang gobyerno nanghihingi lang kami ng magandang kinabukasan para sa ating lahat. You seem have a narrow perspective of what is really happening to our motherland, mag research ka pa mababaw na dahilan lang yang sinasabi mo, hanapin mo ung UGAT NG PROBLEMA at maliliwanagan ka!