DHL Express Americas to invest $137-million in operating capacity this year-executive

The Americas division of German logistics giant Deutsche Post AG will invest US$137-million this year in increasing its operating capacity, including spending on airplanes, its chief said on Wednesday.

“Just this year there will be $137-million in the Americas, in operation expansions, installation and building capacity; the other part is investments in airplanes,” Parra said, adding that the company will add a new flight from Miami to South America in July. “The last part of investments is in electric vehicles.”

The company is holding fast to its EBITDA projection of €8-billion for this year, Parra said, though outcomes will depend on the next three months and global pressures like lockdowns in China, the war in Ukraine and high inflation. Once coronavirus restrictions in China are lifted and prices moderate, Parra said he expects soaring shipments.

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