Tuesday, August 12, 2014 DHL opens Tokyo hubLogistics and shipping giant DHL broke ground Monday on its $89 million custom-built Tokyo Gateway at Shin-kiba, Tokyo, according to a company statement. Slated for completion in the first quarter of 2016, the firm reports the 15,000-square-meter DHL Express Tokyo Gateway is DHL Express' fourth gateway facility in Tokyo. Located at the same strategic area where the DHL Tokyo Distribution Center (TDC) is currently situated, the statement said the new DHL Express Tokyo Gateway is accessible from the Narita International Airport, Haneda Airport, and Tokyo's business districts. "Japan is on the cusp of an economic revival, with slow but evident growth and imports reaching an all-time high of $800 billion last year," said Jerry Hsu, CEO of DHL Express Asia Pacific. "In tandem with the country's remarkable economic recovery, this investment will provide DHL sufficient capacity to accommodate current and future growth." Built to take over and extend TDC's operations, DHL said the new building will feature a 20,000-square-meter floor area including a gateway operations area of 15,000-sqm, and will offer customs clearance and bonded warehousing services. In addition, the shipping giant said the new gateway would also house a pick-up and delivery service center for customers. More Newswire stories NRF: Import volume to surge in August at U.S. ports Orient Overseas shifts to profits in first-half Russia: Import market will shift to Turkey and Latin America due to sanctions U.S. shipping line sues Alcoa for $300M Santa Barbara $2500 incentive program slows ships to protect whales
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