Deutsche Post DHL Group has announced a US$137 million (€123.8 million) investment plan targeting the US domestic and cross-border e-commerce market.
According to DHL, today's global B2C cross-border e-commerce market is worth US$400 billion (€360 billion) and is expected to reach a total global volume of US$1 trillion (€900 billion) in 2020.
DHL eCommerce has identified US merchants as a leader in international sales, and will therefore make substantial investments in the United States in the next years to expand its capabilities to serve businesses selling abroad.
The planned expenditure of US$137 million (€123.8 million) until the end of 2020 will be used to add eight distribution centres and enhance two existing facilities in Los Angeles and Columbus, Ohio.
“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 per cent of consumers worldwide,” said Charles Brewer, CEO DHL eCommerce.
“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.”