DHL Express is investing over EUR100 million (US$111 million) in transport and handling capacity in the fourth quarter to support customers' growth, according to Mumbai's The STAT Trade Times.
As part of the ongoing modernization of its air freight fleet, dhl Express will be initiating the deployment of eight new Boeing 777 freighters, says an official release.
'With an expected growth of 8.8 per cent in 2024, worldwide e-commerce remains a driving force for volume growth while B2B shipment volume is gradually recovering. Despite ongoing uncertainties in the overall global economy, the company is adding aviation capacity and expanding its international parcel sorting and delivery network to ensure a successful peak for customers.'
Said DHL Express CEO John Pearson said: 'With ongoing volatility in global freight markets and a continued strong flow of e-commerce volumes, we are expecting a healthy surge in demand for express services in the fourth quarter. We are making the necessary investments to maximise the resilience of our global network and make our customers successful during a demanding 2024 peak.'
The company is investing in eight new Boeing 777 freight aircraft on trans-Pacific and intercontinental routes between Asia and Europe, boosting capacity on these key lanes and continuing DHL's transition to lower-emission transportation with newer, more fuel-efficient aircraft, the release added.
'The company has also invested in additional handling and sorting capacity in its ground network, including in its aviation facilities in Copenhagen, Cologne, Paris, Atlanta, Brussels and East Midlands (UK) to allow for more flexible flying schedules and the ability to reroute cargo in the event of heavy demand or supply chain disruption.'
SeaNews Turkey
As part of the ongoing modernization of its air freight fleet, dhl Express will be initiating the deployment of eight new Boeing 777 freighters, says an official release.
'With an expected growth of 8.8 per cent in 2024, worldwide e-commerce remains a driving force for volume growth while B2B shipment volume is gradually recovering. Despite ongoing uncertainties in the overall global economy, the company is adding aviation capacity and expanding its international parcel sorting and delivery network to ensure a successful peak for customers.'
Said DHL Express CEO John Pearson said: 'With ongoing volatility in global freight markets and a continued strong flow of e-commerce volumes, we are expecting a healthy surge in demand for express services in the fourth quarter. We are making the necessary investments to maximise the resilience of our global network and make our customers successful during a demanding 2024 peak.'
The company is investing in eight new Boeing 777 freight aircraft on trans-Pacific and intercontinental routes between Asia and Europe, boosting capacity on these key lanes and continuing DHL's transition to lower-emission transportation with newer, more fuel-efficient aircraft, the release added.
'The company has also invested in additional handling and sorting capacity in its ground network, including in its aviation facilities in Copenhagen, Cologne, Paris, Atlanta, Brussels and East Midlands (UK) to allow for more flexible flying schedules and the ability to reroute cargo in the event of heavy demand or supply chain disruption.'
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