DHL Continues Network Expansion, Announces New Memphis Sort Facility; New Facility to Create Local Jobs, Boost Area Economy and Benefit DHL Customers.PLANTATION Plantation, city (1990 pop. 66,692), Broward co., SE Fla., a residential suburb of Fort Lauderdale; inc. 1953. The city has grown rapidly along with the development of S Florida. , Fla. -- The world's leading global express delivery and logistics company, DHL DHL abbr. 1. Doctor of Hebrew Letters 2. Doctor of Hebrew Literature , today announced the opening of a new Regional Sort Center in Memphis, Tennessee For the ancient Egyptian capital, see . Memphis is a city in the southwest corner of Tennessee, and the county seat of Shelby County. Memphis rises above the Mississippi River on the 4th Chickasaw Bluff just below the mouth of the Wolf River. . The facility is the third of seven new Regional Sort Centers to be added to the DHL network over the next two months as part of a $1.2 billion investment program launched by DHL in June 2004. Last week, the company announced the opening of new Regional Sort Centers in Denver, Colorado and Salt Lake City, Utah For ships of the United States Navy of the same name, see . Salt Lake City is the capital and the most populous city of the U.S. state of Utah. The name of the city is often shortened to Salt Lake, or its initials, S.L.C. . "DHL promised to provide businesses and consumers with a strong alternative to the duopoly Duopoly A situation in which two companies own all or nearly all of the market for a given type of product or service. Notes: This is very similar to a monopoly, where only one company dominates the market. of FedEx and UPS - and today's announcement in Memphis is just one example of how we are delivering on that promise," said Fred Beljaars, Executive Vice President for Operations at DHL. "The new Memphis sort facility, along with the six other DHL Regional Sort Centers that we are in the process of announcing, is part of our $1.2 billion investment program to expand and enhance DHL's North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. service network." DHL is investing $3 million in the Memphis 23,060 square foot Regional Sort Center, which will immediately create 29 jobs in the local community. Other key facts about the new facility include: --The center will contribute approximately $585,000 annually to the local economy, through employee payroll and payroll taxes Payroll Tax Tax an employer withholds and/or pays on behalf of their employees based on the wage or salary of the employee. In most countries, including the U.S., both state and federal authorities collect some form of payroll tax. and a range of property, sales and local taxes --While DHL already provides service to every ZIP code zip code System of postal-zone codes (zip stands for “zone improvement plan”) introduced in the U.S. in 1963 to improve mail delivery and exploit electronic reading and sorting capabilities. in the country, the Memphis Regional Sort Center will provide DHL with an expanded footprint for 1-day ground services to parts of Tennessee, Arkansas, Mississippi and Kentucky --The sort center will handle a variety of shipments, including letter and parcel items, palletized and container freight --The facility, which will operate six days a week, has a sort capacity of 4,000 letter pieces per hour/3,500 parcels per hour --The sort center will serve 13 DHL service stations in the region "The new Regional Sort Center will directly benefit the Memphis community by creating new jobs in the area and providing a boost to the local economy," Beljaars said, adding that "the facility will also benefit DHL's customers in the region by expanding overnight delivery services in Tennessee, Arkansas, Mississippi and Kentucky, as well as providing greater connectivity across our North American service network." The Memphis facility, along with the two new Regional Sort Centers announced by the company last week, and the four additional centers that will be announced over the next two months, will provide DHL with a more robust network to meet the needs of its growing customer base. The additional Sort Centers will increase DHL's ground delivery product capacity by 60%, enhance network connectivity and improve service levels. Each of the new Sort Centers, including the Memphis facility, is strategically located to offer greater connectivity within DHL's pickup and delivery network, and support both ground and air services. By the end of 2004, DHL's expanded Ground Network will include: --19 Regional Sort Centers --Over 7950 truck runs per week Beyond 2005, DHL plans to add five more regional sort facilities and to synchronize See synchronization. all 24 facilities with networks in Canada and Mexico to provide one fully integrated North American network. About DHL DHL is the global market leader of the international express and logistics industry, specializing in providing innovative and customized solutions from a single source. DHL offers expertise in express, air and ocean freight, overland o·ver·land adj. Accomplished, traversing, or passing over the land instead of the ocean: an overland journey; an overland route. adv. transport and logistics solutions, combined with worldwide coverage and an in-depth understanding of local markets. DHL's international network links more than 220 countries and territories worldwide. Over 160,000 employees are dedicated to providing fast and reliable services that exceed customers' expectations. DHL is 100% owned by Deutsche Post Deutsche Post AG (ISIN: DE0005552004, LSE: DPO) is a German post, logistics and courier headquartered in Bonn, previously the German state-owned mail monopoly. It has 520,000 employees in more than 220 countries and territories worldwide and generated revenue of € 60. World Net. For more information about DHL, please visit our Web site at http://www.dhl.com. |
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