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DHL announces $137 million e-commerce investment plan in USJuly 28
Stuart Todd | Thursday, 28 July 2016
Group's objective is to exploit the global B2C e-commerce market for shipments crossing borders which is expected to more than double by 2020
It said its objective is to exploit the global B2C e-commerce market for shipments crossing borders which is expected to grow from $400 billion today to a total global volume of $1 trillion in 2020.
"Since US online merchants take the leading role in selling internationally, DHL eCommerce will make substantial investments in the United States in the next years and expand its capabilities to serve businesses selling abroad significantly."
The announcement was made in conjunction with the DHL eCommerce and DHL Supply Chain divisions further implementing regionalized fulfillment centers in Los Angeles, Columbus, Ohio, and New Jersey, "significantly increasing the companies' order fulfillment capabilities in North America collaboratively."
Commenting on the investment plan and the growth outlook in the segment, Charles Brewer, CEO DHL eCommerce, said :
"There is barely any other industry that provides such a promising outlook than the e-commerce business. It is expected that one billion people will shop online and across borders by 2020 with the US being the most popular origin for 25% of consumers worldwide.
"With our investments we lay the foundation to expand our leading role in cross-border e-commerce logistics, serve our US. customers with the best possible infrastructure and solutions, and gain future market shares."