DHL Receives Award from Frost & Sullivan

  • Posted on 25 March 2010

DHL has been named the “Aerospace Logistics Company of the Year” at the 2010 Frost & Sullivan Asia Pacific Aerospace & Defense Award. The company has also strengthened its focus on the aerospace logistics sector by expanding its Aerospace Hub in Singapore by 50 percent, adding 25,000 sq feet to the existing hub that is situated near the Singapore Changi International Airport.

The expansion of the hub is timely as Singapore is recognized as the number one center in Asia for Aerospace maintenance, repair and overhaul (MRO) and is expected to capture a significant market share from the MRO sector with estimated total cumulative revenue of S$372 billion (US$266 billion) from 2010 to 2030. The hub provides 24/7 urgent parts dispatch, warehousing, transport and inventory optimization systems.

DHl, www.dhl.com