KATHMANDU, July 12: DHL, the world´s leading logistics company, opened its express hub in Asia - DHL Express North Asia Hub at the Shanghai Pudong International Airport, China, injecting additional US$175 million investment to expand its services.
Issuing a press statement, the company also announced plans to further invest US$132 million to add eight aircraft to serve in high demand routes between Shanghai and North Asia, Europe and the USA by 2014. [break]
“DHL Express North Asia Hub is a logistics milestone in DHL´s Asia Pacific network and the culmination of a multi-hub and aviation strategy that cements our leadership position in terms of connections, convenience and cost-effectiveness,” the release quoted Dr Frank Appel, CEO of Deutsche Post DHL, as saying.
After the installation of service, the company said the customers would have faster access to international markets with shorter transit times and earlier delivery, saving by up to one day.