DHL , the world’s number one air and ocean freight provider, has completed the relocation of its airport operations to a new and larger cargo hub facility at Incheon International Logistics Center (IILC) in Seoul, South Korea, with immediate effect.
The 1.25 million Euro, state-of-the-art 2,209 square meter facility developed by DHL Global Forwarding will provide an extensive spectrum of logistics services to customers including air freight import and export services, customs clearance, bonded warehousing, consolidation and distribution service. Customers will benefit from the new facility’s capability to offer a half-day shorter turnaround time and its value added re-consolidation of product and logistics services for re-exported products.
“The relocation to a larger cargo facility is an essential step in enhancing our service offerings to our customers and most importantly, it will allow us to offer the whole spectrum of logistics services from one facility, thus providing customers with even easier access to our extensive logistics services. Our commitment to Korea also complements the government’s vision to develop Korea as a North Eastern Asia logistics hub to penetrate into the surrounding countries,” says Peter Landsiedel, CEO Asia Pacific, DHL Global Forwarding.
The investment in Korea is part of DHL’s strategy to upgrade its existing facilities to bolster its extensive networks and infrastructure in Asia Pacific and to ensure its customers continue to receive superior service. DHL has invested over US$1.6 billion in Asia Pacific to date.
Incheon International Logistics Center in Seoul, South Korea, is composed of a consortium sponsored by Korea International Freight Forwarders Association with 48 shareholders since 2004. Its prime location in the Free Trade Zone area means that companies registered with the Zone are exempted from customs duties, taxes, or declaration of imports for transit shipments and foreign products used and consumed.
DHL is a Deutsche Post World Net brand. The group generated revenues of 56 billion Euros in 2005. For the latest news and events regarding DHL in Asia Pacific, please visit http://press.ap.dhl.com.