Tag: Colombia

Colombia DHL Express to invest USD 15 mln 2007-2011

Colombian company DHL Express, a subsidiary of global carrier and package delivery company DHL Express, part of the German postal services operator Deutsche Post, plans to invest USD15 mln (12 mln euro) in the period from 2007 to 2011 in its express national postal service.
The launching of this service was officially announced on October 10, 2006. The sum will be directed for the acquisition of new equipment and vehicles, as well as for the reorganisation of the company’s operations. Currently the company has 130 vehicles, but aims to reach 500 by 2011.
DHL Colombia’s division DHL Express is expected to have over 1,000 workers by 2011, nearly doubling its present workforce.
DHL Colombia will have to meet the competition of companies as Servientrega, TCC and Coordinadora in that segment.
The new service will be first offered to the corporate sector, available for 130 primary and secondary populated places as destinations for a package of up to 70 kg, and then to individuals.

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Colombia DHL Express denies rumours about Servientrega acquisition talks

Colombian company DHL Express, a subsidiary of global carrier and package delivery company DHL Express, part of the German postal services operator Deutsche Post, denied rumours that it is in talks for the acquisition of local logistics and courier company Servientrega.
The announcement was made by the general director of DHL Express, Antonio Arranz, on October 10, 2006. Arranz added that DHL Express might study in the future the possibility to strengthen its ties with some local delivery firm.
Servientrega’s president, Jesus Guerrero Hernandez, also said that no such talks were held.
Servientrega has its own logistics chain, spreading through Colombia, Miami (USA), Venezuela, Ecuador and Peru, and also provides packaging, storage and shipment management. Servientrega plans to invest USD5.2 mln (4.15 mln euro) in order to expand in Panama, Peru and Spain.

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DHL to start negotiations to buy Colombian Servientrega

The global express and logistics company DHL is expected to start negotiations to acquire Colombian package delivery company Servientrega, the newspaper Portafolio said on October 4, 2006.
Representatives of DHL have already arrived in the Latin American country in order to start the talks.
Servientrega has been operating on the Colombian market for the last 24 years. DHL is a unit of German postal services group Deutsche Post AG.
The interest of DHL in Servientrega comes only days after the Colombian company announced investments of USD5.2 mln (4.09 mln euro) in order to start operations in Panama, Peru and Spain.
DHL is the leader on the Colombian package delivery market with a share of 60 pct.
Currently Servientrega (www.servientrega.com) has operations in Ecuador, Venezuela and the United States. The expected signing of a free trade agreement (FTA) between Colombia and Venezuela is seen to strongly boost the operations of the Colombian company.

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DHL Colombia reveals details on expansion

DHL Colombia announced on February 22, 2006 details on its expansion strategy in Colombia in 2006.

DHL Colombia’s strategy is concentrated on the expansion of its chain and the diversification and improvement of its services.

DHL Colombia plans to open five branches in Bogota, Barranquilla, Medellin and Cali. The company already operates 17 offices.

DHL Colombia’s sales rose 8.0 pct year-on-year in 2005 and the company aims to increase its sales by 17 pct year-on-year in 2006.

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DHL to invest USD2.0 mln in Colombia 2006

DHL Global Forwarding Colombia plans to invest around USD2.0 mln (1.67 mln euro) in improvement of its services in 2006, the company’s manager, Alvaro Mancilla, said on February 19, 2006. DHL will invest the sum mainly for expansion of its cargo platforms in the city of Cali and along the Colombian Atlantic coast. The Colombian company exported 42,000 tonnes of cargo and imported 123,000 tonnes in 2005, and its sales totalled UD60 mln (50.2 mln euro).

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