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DHL to invest $108 million in Americas hub
DHL has announced its plans to invest $108 million in expanding its Americas hub facility situated at the Cincinnati/Northern Kentucky airport (CVG) in the bid to meet “the demands of continued growth in international e-commerce and global trade.”
The world renowned company has said that the expansion will provide further opportunity to accommodate additional aircraft, warehouse space and new equipment to provide the capacity for sorting shipments in addition to the unloading and reloading of aircrafts.
Stephen Fenwick, CEO of DHL Express Americas, said: “This multi-million dollar investment underscores the DHL commitment to the US market and the integral role that our hub here plays in connecting the Cincinnati-Northern Kentucky region to our vast global network.” Fenwick added: “The expansion and service enhancements from this investment will provide additional infrastructure and efficiency. This in turn will support the continued growth in international shipments that we’re seeing as well as add to the economic well-being of this region.”
The expansion is expected to be completed by late 2016.