News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

Submit content

My Account

Advertise with us

Subscribe & Follow

Advertise your job vacancies
    Search jobs

    DHL to triple regional hubs in China

    SHANGHAI: German logistics giant DHL plans to open 10 new regional transportation hubs in China this year, state media said Wednesday, 1 July 2009, tripling the number of such centres it operates in the country.
    DHL to triple regional hubs in China

    The company launched an eastern China domestic transportation hub in Shanghai Tuesday, the China Daily said, the fifth facility of its kind operated by DHL in China.

    The company will open 10 more regional centres in major Chinese cities by the end of this year, the report said, boosting the total number in the country to 15.

    The launch of the Shanghai hub is part of a US$25-million investment to beef up DHL's competitiveness in China's road transportation and distribution market, according to a statement posted on the company's website Tuesday.

    It "reflects our continued confidence in China," Frank Appel, chief executive officer of Deutsche Post DHL, said in the statement.

    DHL's parent Deutsche Post has been hit hard by the economic crisis, with revenue in the first quarter dropping 13% and earnings before interest and taxes diving by 42% in the period, the China Daily said.

    Source: AFP

    Published courtesy of

    Let's do Biz