FFG Hillebrand: description of activities
FFG Hillebrand: description of activities
Read MoreYear: 2003
DHL Forecasts 25% Annual Growth in India
In India, DHL is betting that growth will come from fashion, auto parts, information technology and electronics. The worldwide communication exercise has been launched, the new fleet of trucks is on the roads, and efforts are on to drive home the new positioning. ‘DHL traditionally did international, time definite and door-to-door deliveries,’ said Mr Ramesh Natarajan, Head – Marketing, DHL Worldwide Express India. ‘DHL is bridging this gap through a series of initiatives.’ DHL is predicting a 25 per cent year-on-year growth rate in India, and is planning express handling facilities in airports, he added
Read MoreDHL to move British IT jobs
DHL is mulling a cost-saving measure that would shift most of its British information technology operations to Eastern Europe. An internal memo outlined the express carrier’s plans to outsource as many as 350 jobs in the United Kingdom, while jobs at its Basel, Switzerland operation will also be affected, according to a report by British-based ComputerWeekly.com. DHL operates two British datacenters that handle application development, and application and operations support. DHL has 700 IT employees in the U.K., the publication reported.
Read MoreDHL set to open USD1.5m airport facility in Pasay
As part of the first phase of its investment program, air express company DHL will open its newly refurbished airport gateway facility in Villamor Air Base, Pasay City in September. DHL Express Philippines country manager Charles Brewer yesterday said the refurbishment of the nearly one-hectare facility is estimated to have cost between USD1.5 million and USD2 million. “We have completely renovated the facility. We are opening it on Sept. 24. We have the state-of-the-art IT equipment and new customs offices,” he said, in a talk with reporters. Mr. Brewer said DHL is already preparing for the second phase of its investment program, which could include the opening of more service centers. However, the location of new service centers would depend on customer demand.
Read MoreUPS to spend USD100m on Hong Kong hub
Global express operator United Parcel Service (UPS) is set to splash out USD100 million to make Hong Kong its hub for trade with Europe, pending regulatory approval of its second tranche of aviation rights under last year’s Air Services Agreement with the United States, according to industry sources. The sources said the Louisville-based firm would spend the money buying a dedicated aircraft, expanding its capacity allocation at Hongkong Air Cargo Terminals (Hactl) and purchasing additional ground-handling equipment should it gain additional fifth-freedom rights through Hong Kong in October. The news comes after the carrier’s announcement last month that it had moved responsibility for its burgeoning Greater China business to Shanghai, prompting speculation that the importance of Hong Kong in its Asia network was waning.
Read MoreGB wins appeal against European Court of Human Rights for night flights
A threat to the operations of air cargo and express carriers was lifted after a landmark court ruling that night flights do not violate the human rights of people living near airports. Great Britain won an appeal against a ruling by the European Court of Human Rights in 2001 that flights at London Heathrow between 11:30 p.m. and 6 a.m. had violated the rights of people living under the flight path of the world’s busiest international airport by disturbing their sleep. The ruling raised fears of bans across Europe that would hit all-cargo airlines and express carriers like DHL, United Parcel Service and FedEx Corp., which mostly fly at night.
Read MoreDeutsche Post eyes Blue Dart (India) – open offer likely
Even after the multi-billion dollar acquisitions of DHL Worldwide and Dansas, the German postal group Deutsche Post World Net seems to be hungry for more. It has been gathered that the company now intends to make an entry into the Indian domestic express business by making an open offer for Blue Dart Express. While the stake percentage to be bid for could not be ascertained, sources have it that the open offer may be around Rs 120. Blue Dart shares currently trade at Rs 78-83 on The Stock Exchange, Mumbai (BSE), with a 52-week low and high of Rs 52 and Rs 89 respectively. The company, sources said, has already appointed a merchant banker to work out the modalities of the open offer. When contacted by FE, DHL Indias country manager Chris Callen said that he was not in a position to comment on shareholder issues.
Read MoreThai Cabinet OKs Telecom Agency Split, Corporatization
Thailand’s cabinet Tuesday approved the division of the state Communications Authority of Thailand, or CAT, into two registered companies, probably by next month. One division will operate the country’s postal service. The other, to be known as CAT Telecom, will operate CAT’s international fixed-line telephone service and hold its share of a joint-venture cellular-phone service with a subsidiary of Hong Kong’s Hutchison Whampoa Ltd. CAT Telecom is expected to make an initial public offering of shares in 2004, CAT Chief Executive Dhiraphongs Suddhinond told reporters after the cabinet meeting. The postal service company isn’t expected to be listed initially, he said.
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