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DHL to Surf U.S. e-Commerce Boom with $137m Investment

(Air Cargo News)

Deutsche Post DHL Group has announced a $137m investment plan for the US domestic and cross-border e-commerce market.

The German-headquartered logistics group said that its objective is to exploit the global business to consumer (B2C) e-commerce market for shipments crossing borders which is expected to grow from $400bn today to a total global volume of $1trn in 2020, according to data from Accenture and AliResearch.

Said DP-DHL: “Since US online merchants take the leading role in selling internationally, DHL eCommerce will make substantial investments in the US in the next years and expand its capabilities to serve businesses selling abroad significantly.” Click here to read more.