UPS Opens Expansion of its European Air Hub at Cologne/Bonn Airport
March 25 2014 - 6:00AM
UPS (NYSE: UPS) has celebrated the official opening of a $200
million expansion of its European air hub facilities at
Cologne/Bonn Airport in Germany that will continue to serve as
Europe's window into the world of international trade and export.
The expansion, which took two years to construct and has already
created an additional 200 jobs, constitutes one of UPS's largest
facility investments in the company's history and cements its
position as the largest employer at the airport with more than
2,500 employees today.
"With this upgrade, we now have the equivalent of 15 football
fields of sorting space for a growing export economy on the move,"
said Cindy Miller, President, UPS Europe. "All of this ensures that
UPS's Cologne/Bonn air hub remains the centerpiece of the company's
European express network, a key component of UPS's global air
operations, and one of the largest and most advanced sorting
facilities in the world."
The operating area now measures more than 105,000 square meters
(1,130,000 square feet). The addition of eight automated
sorters increases the hub's package sorting capacity by 70 percent
to 190,000 packages per hour - or around 53 packages per
second. The conveyor system now covers a distance of about 40
kilometers (25 miles), with a package taking an average of just 15
minutes to move through the hub from unload to load point.
The expansion equips the existing facility with additional
state-of-the-art technology and includes a building extension that
is partially dedicated to processing larger express freight
shipments. The Cologne/Bonn facility serves as an
international logistics hub for both major multi-nationals as well
as small and medium-sized enterprises (SMEs) in Europe wishing to
tap into UPS's world-class trading network.
"The Cologne/Bonn hub is our flagship facility in Europe and
continues to serve us and the needs of our customers well," said
Miller. "Our strategic investment in Germany, one of the world's
top exporters, underscores our commitment to the European economy.
This is part of a long-term strategy to help our customers
successfully compete and do business on the important trading lanes
within Europe and linking Europe to North America and Asia in an
era when free trade agreements on the horizon promise growth for
companies large and small."
As an early investor in European operations with Germany as its
hub, UPS has enjoyed great success in Europe with solid export
volume growth over the past decade. With the Cologne hub expansion
in place, UPS can reliably connect the world to Europe and Europe
to the world like never before and has positioned itself for
continued growth in its international express business.
###
About UPS
UPS (NYSE:UPS) is a global leader in logistics, offering a broad
range of solutions including the transportation of packages and
freight, the facilitation of international trade, and the
deployment of advanced technology to more efficiently manage the
world of business. Headquartered in Atlanta, USA, UPS serves more
than 220 countries and territories worldwide. The company can be
found on the Web at www.UPS.com and its corporate blog can be found
at blog.ups.com. To get UPS news direct, visit
www.pressroom.ups.com.
A photo accompanying this release is available
at:http://www.globenewswire.com/newsroom/prs/?pkgid=24340
CONTACT: Carsten Helssen, UPS Europe Public Relations
carsten.helssen@europe.ups.com
+32 2 7769832
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