Publications

Investors - JULY 8, 2021

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

DHL Express to pour $360m into infra investments

by Kali Persall

DHL Express is planning to pour more than $360 million to build new and expand existing facilities in key growth markets in America between 2020 and 2022.

Infrastructure investments will focus on the company's facilities, which include service centers for pickup and delivery operations, gateways that manage the international clearance of shipments and hubs that operate as shipment transfer points to and from regions of the world.

The company is also planning to spend millions on measures to bolster its Americas air network.

“Globalization has continued to show its resilience, fueled by digitalization and the power of global trade,” said Mike Parra, CEO of DHL Express Americas. “With an ever-increasing number of consumers shifting their shopping activities online, and the sharp rise in businesses selling their goods in the global marketplace, we need to continue the critical investments in our network infrastructure to meet the growth demands in internation

Forgot your username or password?