Deutsche Post Division to Build Freight Hub in Lower Saxony
November 13 2017 - 7:55AM
Dow Jones News
By Marc Navarro Gonzalez
Deutsche Post AG (DPW.XE) said on Monday that its logistics
division DHL Worldwide Express Inc. is making an eight-figure
investment in the construction of a freight hub in Lower
Saxony.
Deutsche Post said the investment will be made through DHL
Freight, which will also manage the new transshipping facility.
It said that the 63,000 square meter site will be built at the
Hanover Airport Business park, in the town of Langenhagen.
The German postal company said DHL Freight's two existing
Hanover sites--Stelingerstrasse and Buttnerstrasse--will be
consolidated at the new location, which will employ 260 people.
Construction of the new site is scheduled to start at the
beginning of 2018.
Write to Marc Navarro Gonzalez at
marc.navarrogonzalez@dowjones.com
(END) Dow Jones Newswires
November 13, 2017 07:40 ET (12:40 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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