DHL unveils new USD3.6 mln logistics centre in Shanghai

Looking to bolster its market share in Asia’s booming cargo transport market, logistics giant DHL today inaugurated a new USD3.6 million plant in the Waigaoqiao Bonded Logistics Zone (WBLZ) in Shanghai. The new plant, which will function as a logistics centre, forms part of DHL’s USD315 million investment strategy for China, and brings the firm’s current investments in the country to USD30 million.

DHL Global Forwarding will also invest an additional USD20 million in China over the next few years to boost the company’s network infrastructure, human resources development, and range of products and services.

The new plant brings the number of facilities DHL operates in the WBLZ, which is China’s largest bonded logistic zone, to nine.