Tag: Courier/Express/Parcels

DHL beats hub forecast by four years

Posted by | Aug 3, 2004 | |

DHL Express will open its USD100-million dedicated central Asia hub in Hong Kong this week and it is already clear the terminal’s handling capacity will have to be expanded ahead of schedule.

Chief executive (Asia Pacific) John Mullen said a daily volume target DHL set for 2008 was achieved last week before the facility had even officially opened.

“It doesn’t mean we’ll run out of capacity overnight. But it does indicate our volume projections [made three years ago] were highly conservative,” Mr Mullen said. “We will have to substantially upgrade the hub’s capacity before the original deadline. It will be much, much sooner than that.”

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Courier services look to China to expand coverage

Posted by | Aug 3, 2004 | |

Companies in the U.S. are facing mature markets at home and are increasingly looking to the Chinese market to grow and remain competitive globally. According to FedEX, U.S. exports to China have grown by 75 percent over the past three years making the United States second only to Japan as China’s top trading partner. And European exports to China are also growing steadily.

DHL was the first international air express company to enter China in 1980, followed by FedEX in 1984, and UPS in 2000.

DHL’s partner Sinotrans is a licensed customs broker, covering 300 cities through 11 major gateways with about 37 percent of China’s market. In 2003, they invested USD200 million in China for a five-year program.

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DHL sees rise in Asia-Pacific market share

Posted by | Aug 2, 2004 | |

DHL has said it expected its expand its 40 percent share of the Asia-Pacific express courier market by one-to-two percentage points in the next few years, fuelled by growth in China. DHL, a unit of Deutsche Post AG, earned about 2.5 billion euros in revenue from its express and logistics businesses in Asia last year, about 11 percent of DHL’s total global turnover.

“We are getting 20 to 25 percent growth in Japan. But China is twice as fast as that,” DHL Express chief executive John Mullen told a news conference.
Mullen said revenue at DHL’s China express have grown 35 to 45 percent annually over the last five years.

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DHL eyeing Manila airport ecozone

Posted by | Aug 2, 2004 | |

DHL wants the Philippines government to declare part of the Ninoy Aquino International Airport (NAIA) as a special economic zone where businesses will be entitled to various incentives. DHL Worldwide Express (Philippines), Inc. aims to convert a property close to the airport into an economic zone, but “it is not big enough to qualify” under Philippine Economic Zone Authority (PEZA) rules.

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EU OKs TPG Buyout of Wilson Logistics

Posted by | Aug 2, 2004 | |

The European Union Commission Tuesday approved the acquisition by Dutch postal and logistics firm TPG NV (TP) of Swedish freight services company Wilson Logistics Holding AB. The price of the buyout is EUR257 million. “As both companies are complementary and do not overlap, the proposed transaction does not raise any competition concerns,” the E.U. Commission said in a statement. The purchase is part of TPG’s goal to increase its global presence and the range of services it offers. It had been looking to acquire a firm that would allow it to enter the global freight forwarding business. Wilson Logistic’s freight forwarding business will complement TPG’s express mail and logistics divisions and will contribute to an increased presence in China, where TPG is investing EUR200 million over the next two years.

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