DB Schenker opens European air freight hub

DB Schenker opens European air freight hub    DB Schenker said it will begin operations at a new European air freight hub in Frankfurt in August, as it dedicated the facility on Monday.
   Import and export units operating at different sites will be merged into the new facility, which was built with an investment of about 50 million euros ($71 million), the company said.
   Cargo shipments will be bundled, stored temporarily and processed for onward carriage on the 15,000-square-meter ground floor of the logistics center.
   The facility's second floor contains a roughly 10,000-square-meter warehouse for spare aircraft parts, as the company said it provides logistics to aviation industry.
   The facility includes offices for around 200 employees on two floors of office space.