DHL was named the Best Express Operator for the 18th consecutive year at the recently held Asian Freight & Supply Chain Awards 2004 (AFSCA) in Shanghai, China. A statement from DHL today said that the company also took three other awards at the event, asserting its leading position in Asia’s freight and distribution services. The awards were for the Best Logistics Services Provider-Air Freight, Best All Cargo Airline and Best Road Haulier-Asia.
Read MoreDeutsche Post AG unit DHL’s newly-launched domestic express mail delivery service in China is perfectly legal, as the country’s postal regulations do not specifically prevent foreign firms from engaging in the business, a DHL official told AFX-Asia in response to recent local media criticism of its entrance into the local express mail delivery service sector. DHL set up a unit in Shanghai on Monday to provide domestic express mail services nationwide, effectively becoming the first foreign company to break into the sector, which was previously reserved for local firms. The move aroused criticism from local media, and several mainstream newspapers branded DHL as ‘an irregular player’, as none of the foreign freight forwarders have been officially allowed into the sector so far. DHL, on the other hand, defended its move without hesitation, saying no law forbids it to enter the market.
Read MoreNOL GROUP REPORTS 705% INCREASE IN PROFIT FOR Q1 2004
Read MoreChina boom drives Sinotrans, FedEx revenues
Read MoreThe public has a right to know every aspect of Thailand Post’s financial details now that it has increased postal fees and begun its move toward privatisation, a leading consumer rights advocate said yesterday. “We must challenge the government’s perception that all public utilities must make a profit and those profits should help boost the stock market,” said Saree Aongsomwang, director of the Foundation of Consumers. “This perspective is dangerous because the state has an obligation to provide public services.”
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