DHL-Sinotrans’ USD200mn expansion plan in China goes smoothly
The USD 200 million expansion plan of DHL-Sinotrans, a local joint venture of world’s leading express and logistics company DHL, makes great headway, according to the news released by the company.
DHL-Sinotrans has enhanced the facilities and capacities of its service centers in Qingdao, Shanghai, Suzhou, Hefei and Xiamen in the first half of this year.
Prior to that, the company had built and upgraded its service facilities in 9 cities such as Beijing, Shanghai and Guangzhou.
In recent years, DHL-Sinotrans experienced an annual growth of 35-45 percent, while it was between 50 percent and 60 percent in 2005.
DHL-Sinotrans reportedly has 56 branches in China at present, and is offering services in 318 main cities.
DHL set up DHL-Sinotrans, its first joint venture in China, in 1986, appealed by the country’s rocketing logistics industry.
From www.chinawuliu.com.cn, Page 1, Monday, October 10, 2005 [email protected]
