Global airfreight giant UPS® (NYSE: UPS) has inaugurated an expansive technology center near Paris which has been set up at an estimated investment of $100 million. The center which will be a major distribution hub for the company boasts of advanced technology package sorting. In size, the hub is equal to four soccer fields.
Nando Cesarone, president of UPS International said, “With modernization and growth initiatives like this new Paris Hub, UPS is helping businesses in Europe – small and large –connect with customers faster and with greater efficiency. Placed at a strategic point in Europe, the building is as modern as it is efficient. UPS’s enhancements to its European network combined with leading technology help us plug France into the global trade arena.”
The building is equipped with advanced technology, automated sorting equipment and has the potential to sort up to 37,000 packages per hour.