Press Release

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DHL, the world’s leading logistics company, announced today it is
investing US $47 million to expand its Americas hub facility at the Cincinnati / Northern
Kentucky airport (CVG) to meet the growing demands of international shipping customers.
Multi-million dollar investment to add infrastructure, capacity and 280 new jobs over the next 12 monthsExpanded hub to support growth in international time definite delivery volumes in Americas marketDHL, the world’s leading logistics company, announced today it is investing US $47 million to expand its Americas hub facility at the Cincinnati / Northern Kentucky airport (CVG) to meet the growing demands of international shipping customers.
The new sort building is expected to be operational by
Company: DHL, Activity: DHL, Date: 2012-03-15
Keywords: news, shipping, dhl, shippers, investment, sort, hub, international, express, cvg, facility, americas, global, release, million, press

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Multi-million dollar investment to add infrastructure, capacity and 280 new jobs over the next 12 months

Expanded hub to support growth in international time definite delivery volumes in Americas market

DHL, the world’s leading logistics company, announced today it is investing US $47 million to expand its Americas hub facility at the Cincinnati / Northern Kentucky airport (CVG) to meet the growing demands of international shipping customers. The expansion will deliver a new 17 930 m² sort facility and create approximately 280 new jobs at the DHL CVG hub over the next 12 months.DHL Express Global CEO Ken Allen, Regional CEO Americas Stephen Fenwick, and employees from the U.S. and regional Americas teams met with government and airport officials today to mark the occasion with a groundbreaking ceremony at the Cincinnati hub.“This investment in our Americas hub is being made to support current growth, but also the significant mid- to long-term potential we see in international express volumes to and from the Americas,” said Ken Allen, CEO of DHL Express. “It forms part of a major ongoing investment program in our global network infrastructure, where we are continuing to add capacity in order to further enhance our service offering on key trade lanes and strengthen our leading positioning in the international time definite delivery market.”The groundbreaking marks the beginning of construction of a 17 930 m² sort facilityconnected to the existing main sort facility at CVG. The new sort building is expected to be operational by November 2012, while other improvements to existing buildings and the purchase of material handling equipment will be completed by March 2013.The CVG hub connects the United States to a global network spanning Asia, Europe and the Americas. Processing more than two million international shipments a month, the CVG hub handles shipments bound for the U.S., Canada, Mexico and Latin America, and connects over 100 service centers and five international gateways in the US to over 220 countries around the world.With this current expansion, DHL will have invested $105 million in its CVG hub since establishing its U.S. international hub at the Cincinnati / Northern Kentucky airport in 2009. Staffing has also grown, from 1,600 in late 2009 to approximately 2,000 currently. It is scheduled to expand to nearly 2,300 over the next 12 months and beyond.

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Company: DHL, Activity: DHL, Date: 2012-03-15
Keywords: news, shipping, dhl, shippers, investment, sort, hub, international, express, cvg, facility, americas, global, release, million, press

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