Council of Supply Chain Management Professions Annual Global Meeting
BERLIN AND PHILADELPHIA, Sept. 30, 2011 /CNW/ - Deutsche Post DHL is
investing over 1 billion dollars (EUR 750 million) in its German parcel
delivery infrastructure. UPS also announced a 200 million dollar
investment in its European air hub outside Cologne. These investments
confirm Germany's position as the motor of European logistics. Germany
Trade & Invest will have representatives at this year's Annual Meeting
of the Council of Supply Chain Management Professionals from October 2
- 5 in Philadelphia to discuss business and investment opportunities in
"Germany is the prime location for companies to rapidly deliver goods to
both eastern and western Europe. Its central position in Europe is a
natural advantage, but the outstanding infrastructure and market size
are the country's trump cards. Companies can save time and money here,"
stated David Chasdi, logistics industry expert at Germany Trade &
Invest in Berlin.
The UPS investment is the company's largest ever outside the United
States. The company will increase its package handling capacity at its
Cologne/Bonn facility, the company's hub in Europe for over 25 years.
DHL has not made investments of this magnitude since the 1990s. Its
goal is to speed up its package delivery times to that of a letter
(typically 1-2 business days in Germany).
Both companies are responding to rapid growth in e-commerce in Germany.
The country's logistics industry is consistently Europe's largest by
far in terms of annual revenues. Germany is well known worldwide as a
top exporter, but the country also imports more than almost any other
country. This year the country's infrastructure was ranked second
worldwide behind Hong Kong by the World Economic Forum.
Germany Trade & Invest is the foreign trade and inward investment promotion agency of the
Federal Republic of Germany. The organization advises foreign companies
looking to expand their business activities in the German market. It
provides information on foreign trade to German companies that seek to
enter foreign markets.
SOURCE Germany Trade and Invest
For further information:
Germany Trade & Invest