DHL, the global cargo forwarding giant, announced plans to invest €100 million (US$110.3 million) in anticipation of a surge in Chinese exports during the final months of 2024. The company foresees a significant increase in outbound transport from China to global markets, particularly as the year-end peak approaches.

In a statement released on Thursday, DHL highlighted the expected “high-volume increase on the China outbound lane,” driven by robust export figures and pre-holiday shipments to key markets such as Europe and the US.

China’s export data from August has remained strong, and industry analysts predict that demand for Chinese goods, especially in preparation for the Western holiday season, will continue to rise. Jayant Menon, a senior fellow at the ISEAS-Yusof Ishak Institute in Singapore, noted that the fourth quarter traditionally sees a shipping surge, as it aligns with the holiday period in many Western countries.

With this investment, DHL aims to manage the anticipated influx of deliveries and ensure its global logistics network can handle the increased demand.