DHL sees no major growth in express business in UAE
DHL, a freight and logistics firm owned by Germany’s Deutsche Post, said yesterday it was not expecting significant growth in its core express delivery business in the UAE this year.
The company delivers some 13,000 packages a day in the country and claims a 42 per cent market share in the express segment. “Growth in the express business is not going to be significant. But we are expecting overall growth in the UAE,” the company’s country manager David Wild told Gulf News.
He said DHL’s road freight business is growing strongly in the UAE. DHL employs 500 people and operates 115 vehicles.
The company yesterday launched a campaign to promote its “Import Express” service that allows customers to order and transport their shipments from an overseas destination with shipping costs paid for in the UAE in local currency.
The service has been in existence for long but it is now being expanded and marketed under a separate name.
“There is a demand for such a service in the market. We are reacting to customer needs,” Wild said.
The Middle East region’s contribution to the DHL’s worldwide revenues of $39 billion remains negligible, but Wild said he could not offer any figures before the planned announcement of DHL’s full financial results in Germany on March 14.
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