DHL leads Venezuela market with 18% share

The express and logistic service company DHL Danzas Air & Ocean has a share of 18% in Venezuela, in a market that moves 120,000 units and US$150mil. Among DHL’s competitors in the country are Kuhne & Nagel, Schencker, Panalpina and Taurel. In the first half of 2004 (Jan-Jun), DHL turned over US$20mil in Venezuela and transported 20,000 units, with a growth of 60% in sales in comparison with the same period of 2003. Drug and pharmaceutical sector is DHL’s main client, accounting for 26% of the operations.