DHL to Expand Hong Kong Hub
November 14 2017 - 8:12AM
Dow Jones News
By Euan Conley
Deutsche Post AG'S (DPW.XE) logistics division DHL Express said
on Tuesday that it will bolster throughput capacity at its hub in
Central Asia as part of a 335-million-euro expansion ($390.4
million) with the Hong Kong airport authority.
DHL said that the expansion plan will enhance its material
handling system at the Hong Kong hub and increase throughput
capacity to 125,000 pieces of shipments per hour, up from the
current figure of 75,000.
The expanded hub is expected to begin operations in the first
quarter of 2022, according to the company.
Write to Euan Conley at euan.conley@dowjones.com
(END) Dow Jones Newswires
November 14, 2017 07:57 ET (12:57 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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