UPS to expand Cologne/Bonn hub

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Freight operator UPS is to invest $200 million in expanding its hub facility at Cologne/Bonn airport in Germany.

The project, which will be completed by the end of 2013, will include an extension to the existing building. The extension will be partially dedicated to processing larger freight shipments, which will increase the hub's package sorting capacity from today's 110,000 to 190,000 packages an hour.

UPS said that the project is expected to create up to 200 new jobs at the hub by the end of 2013, which will rise further as new capacity is used.