DHL may be looking for extended CVG agreement

DHL may be talking to Cincinnati/Northern Kentucky International Airport about a new, extended contract that would keep the logistics company at CVG for at least 30 more years, according to local sources. As previously reported, DHL and CVG held a news conference on Friday (21 August) to discuss the $108m expansion project currently underway at the company’s North American hub, which includes a new ramp for jumbo jets, more warehouse space and up to 16 more aircraft gates to accommodate route expansions.

The Cincinnati-based Enquirer has claimed that it has also “learned” of the negotiations over a new contract – although it added that “DHL and airport officials would not disclose details of the negotiations”.  DHL’s  current lease agreement reportedly runs through 2030.

In an official company statement issued on Friday – which made no mention of any contract negotiations – Stephen Fenwick, CEO, Americas, DHL Express, said: “This new $108 million investment is a clear sign of our commitment to the Americas, of our expectations for strong growth and of our dedication to the regional Northern Kentucky and Cincinnati economy.

“As our business has grown here, we are proud to have steadily added new jobs at our CVG hub, the backbone of our Americas network. The continued growth we have seen also benefits our partners at the airport as well as businesses in the surrounding communities that support CVG.”