Year: 2005

FedEx chief looks at next destination France is central to rail-hub plans

Posted by | Feb 5, 2005 | |

The founder of FedEx, Frederick Smith, is used to having his ideas laughed at until they become moneymakers. Having revolutionized the air transport business, Smith is still coming up with new ones. His latest is moving packages from planes to high-speed trains. He hopes to roll out the concept in Paris, the company’s biggest European hub, where talks have been under way with French officials for five years. It could take another five to resolve all the details, like financing and whether FedEx would have its own trains. But these uncertainties do not seem to deter Smith, who at 60 shows few signs of slowing down despite three decades of at the helm. ”I’m enjoying things a lot,” he said during a recent interview. ”We are changing the world, and it’s a real delight to watch it.” Smith was in Paris on his way to the unveiling last month of the Airbus superjumbo plane, the A380, at the Airbus assembly plant in Toulouse, France.

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DHL eyes Sinotrans increase

Posted by | Feb 5, 2005 | |

DHL may raise its 5 per cent stake in Hong Kong-listed Sinotrans as it beefs up delivery operations in China. The company – which expects to report revenue growth of more than 50 per cent in the mainland this year – said that China Domestic, its domestic parcel service, was expanding its reach to 50 cities from the initial 16. “There is a chance of raising the 5 per cent Sinotrans holding,” Klaus Zumwinkel, chairman and chief executive of Deutsche Post, told a briefing in Singapore. But he cautioned: “There is no immediate offering, or immediate need.” DHL acquired the 5 per cent holding in Sinotrans in February 2003 for USDollars 57m, building on a joint-venture tie-up that the companies have had since 1986.

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DHL to build 10.5 Mln Euro logistics platform in Bilbao

Posted by | Feb 4, 2005 | |

DHL will invest 10.5 mln euro (USD13.6 mln) in a new logistic platform at the Loiu airport in Bilbao, Vizcaya province, northern Spain, it was reported on February 4, 2005.

The new platform will spread over 18,000 sq m of which 6,200 storage area and 1,275 office area. The platform will include 94 points for loading and unloading. The platform will be fully automated. DHL will install a system with a capacity to handle 4,500 parcels an hour. The construction works are scheduled to begin at the end of 2005. The new platform will serve DHL operations in the Vizcaya province.

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German Saxony-Anhalt to invest 67 mln Euro to help DHL project

Posted by | Feb 4, 2005 | |

The state government of the northern German state of Saxony-Anhalt will invest 67 mln euro (USD86 mln) to support German-based global courier firm DHL’s project to build an air freight logistics centre at the Leipzig-Halle airport, the state transport minister Karl-Heinz Daehre said on January 3, 2005. The Saxony-Anhalt government will invest in a new runway at the Leipzig-Halle airport, and will provide land for the logistics centre. DHL’s decision to move its logistics centre to the Leipzig region is important not only for the city, but will also positively affect the labour markets of the states of Saxony-Anhalt, Saxony and Thuringia, Daehre said.

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Asia-Pacific region is engine of growth for DHL – CEO

Posted by | Feb 4, 2005 | |

The Asia-Pacific region, led by China and India, has emerged as the engine of growth for German DHL, said Klaus Zumwinkel, chairman and chief executive of DHL’s parent firm, Deutsche Post World Net. Zumwinkel told a press briefing during a visit here that the region’s share of DHL’s global revenues is expected to rise to nearly 20 pct by 2010 from 11 pct in 2003. DHL is set to ride on projected robust growth in world trade as tariff and non-tariff barriers are removed and governments and companies increasingly outsource segments of their businesses such as logistics, Zumwinkel said. ‘Asia for our company is the engine of growth,’ he said. ‘Here is where the topline growth comes from.’ He said Asia currently had the fastest growth rates for the company compared with the European and US markets.

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DHL and Airbus join forces

Posted by | Feb 4, 2005 | |

Airbus (EADS Group) has selected DHL Solutions to supply logistics services related to the manufacture of wing struts and the supply of maintenance kits and spare parts, and the assembly of the future A380 “superjumbo”.

The goal is to optimise the supply of spare parts to airline companies and the Airbus production line in Toulouse using a logistics system based on the proximity of storage and assembly facilities.

Since the end of 2004, DHL Solutions teams have been operating at three sites:

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DHL says it is not keen to provide mail services in Singapore

Posted by | Feb 4, 2005 | |

DHL says it is not keen to provide mail services in Singapore when the market is liberalised in 2007. Currently, SingPost holds a monopoly on mail services in Singapore, which will end on March 31, 2007. But DHL is setting its sights elsewhere. Dr Klaus Zumwinkel, Chairman, Deutsche Post World Net, said: “No, not looking at coming into this market. Now Europe is being liberalised too – the whole of Europe in the mail market and therefore we are investing in the mail market in Europe, not in Asia. New Zealand has liberalised in the Asia Pacific, Japan is going to liberalise its market, it’s going to take a bit longer, and then Singapore – that’s the only 3 markets I’m aware of going to liberalise but Europe is going to liberalise in all the 25 member states of the European Union liberalising the mail market that’s where we are investing.”

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