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Commitment to facilitate trade growth between Asia and the restof the world
"We believe that global trade matters, and it's here to stay. Wehave invested more than EUR 1.8 billion into our three global hubs,demonstrating our commitment to support our customers' growth asthey expand globally," said John Pearson, CEO, DHL Express."CAH is important to our customers in Asia and globally, as ithandles close to 20% of DHL Express global shipment volume. Whileglobal trade is normalizing following a pandemic boom, ourinvestments today will improve our global and regional network,putting us in an excellent place when global trade recovers."
"Asia is home to some of the fastest growing markets in theworld. Since it was established in 2004, we have seen a continuedincrease in air cargo demand driven by trade between Asia and otherregions, and cross-border e-commerce. Even as global tradenormalizes after the pandemic, we have seen over 30 percent growthin throughput between Asia and other continents in the first threequarters of 2023 when compared with the same period in 2019, farexceeding the pre-Covid level," said Ken Lee, CEO for AsiaPacific, DHL Express. "Additionally, the strategic location of theHub in Hong Kong opens doors to many opportunities for ourcustomers in this region. We are confident that the expanded CAHwill foster interconnectivity and underpin Asia's status as apowerhouse of global growth."