It is named after its major landmark, the grounds of the formerly state-owned Food Terminal, Inc. which is now renamed as Arca South.

[2] In 2018, PNR extended the North Shuttle Line southwards from Dela Rosa to FTI as its new terminus, effectively starting on September 10, while northwards from Caloocan to Governor Pascual started on December 3.

[3][4] The station is near major landmarks such as the Ayala Land development Arca South, Technological University of the Philippines-Taguig Campus, the Sunshine Mall, the Taguig-Pateros District Hospital, a major warehouse of the National Food Authority and, most notably, a series of low-cost housing developments collectively called BLISS Taguig (commonly called "Tenement").

Further away from the station are the Western Bicutan National High School and Signal Village.

FTI station is accessible by jeepneys plying routes on the East Service Road, as well as jeeps entering the FTI complex.