UPS (NYSE: UPS) recently announced the ground breaking of a new €160 million advanced-technology super hub in Hannover-Langenhagen. Once completed, the hub – one of UPS’s largest investments outside the United States – will serve as an important link in UPS’s European and German network and offer businesses improved access to the company’s smart global logistics network.
“The growth of business and retail e-commerce – with online retail sales alone expected to reach nearly €70 billion in Germany this year – has created unprecedented demand for UPS’s services,” said Frank Sportolari, president, UPS Germany. “E-commerce offers small and medium-sized businesses a platform to trade like micro-multinationals. Transforming our existing sorting and distribution hub in Hannover-Langenhagen will allow businesses of all sizes in Germany to reach new business customers and consumers worldwide, whether that’s in Seoul, San Francisco or Stuttgart.”
Advanced automation technology will allow UPS to double the sorting capacity of the facility – from 15,000 packages per hour to 30,000, with a separate processing flow being installed for bulky items.
(Pix Courtesy: Company’s Website)