DHL Supply Chain has acquired US-based e-commerce logistics provider IDS Fulfillment.
It adds over 1.3 million square feet of multi-customer warehouse and distribution space and includes facilities in Indianapolis, Salt Lake City, Atlanta, and Plainfield, Ind., where the company is headquartered.
In January, DHL acquired Inmar’s reverse logistics business, making it the largest returns processing provider in North America.
Chief executive of DHL Supply Chain North America, Patrick Kelleher, said: “The acquisition of IDS Fulfillment not only expands our operational footprint but also ensures small and midsized companies have access to our state-of-the-art logistics solutions designed for their specific requirements.”
Global chief executive of DHL Supply Chain, Oscar de Bok, added: “With global e-commerce set to grow at a CAGR of 8% per annum by 2029, DHL is targeting investments that further expand our capabilities to meet the needs of this growing segment and make our network and solutions easily accessible to businesses of all sizes. IDS Fulfillment complements our existing DHL Fulfillment Network, enhancing our ability to offer seamless global eCommerce solutions with local expertise and reach. Especially timely as more multi-national organizations are looking to establish fulfilment capabilities in North America.”