Tag: DHL Express

DHL reduces loss in US Express

Posted by | Nov 9, 2006 | |

Deutsche Post announced yesterday, 3rd Quarter results up by a third on 2005. But the performance of its US Express division is a continuing cause for concern, dragging the rest of the Express business and the whole group down.

Headline growth was impressive, with consolidated revenue up by 35% to *14,887m and EBIT up 40% to *1.03bn compared with the same period last year. But these figures are flattered by the acquisition of Exel in early 2006.

The logistics business continues to perform reasonably. The Exel acquisition is running smoothly and the Division as a whole is gaining market-share. Revenue for the nine months was up to *16 billion, with *8.6billion coming from the acquisition of Exel. EBIT for the year-to-date was *513 million.

The problem area remains Express. The US Express division continues to lose money, although losses have been reduced by what was called a “three digit million euro amount”. CEO, Klaus Zumwinkel stated both in comments to analysts and in an interview earlier this week that the US Express business had 10% market share and that if it achieved 12% “we would be very happy”. Elsewhere the company described growth in Express as strong, with double-digit growth in revenue in Asia-Pacific. Overall results for Express revenue were down over Q3 2005 by 2.8% at *3,755million but EBIT was back in positive territory at *86million.

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China delivers good growth for DHL despite tough competition

Posted by | Oct 12, 2006 | |

John Mullen recalls sitting in Sir Peter Abeles’ office in the twin TNT Towers in Sydney in the early 1980s, watching his chief executive brief a junior colleague on how the company was going to break into the Asian package delivery market.

“The strategic discussion was, `Just go and open it’. He asked, `What do you mean by that?’ and Abeles said: `Get on a plane and go and open Asia. It’s got to be the future’.” As head of the Asian division of DHL Express, the global package delivery service owned by German logistics giant Deutsche Post, the 51-year-old Australian has had to move fast to meet the 50 per cent annual increase in parcel volume China has delivered over the past five years. DHL Express now has about 6000 staff in China, having built up the business by exploiting existing relationships with foreign companies that were establishing Chinese manufacturing operations for the first time.

But as growth of the Chinese middle class transforms the economy from being simply a cheap exporter of manufactured goods to a consumer society in its own right, so is DHL’s business changing from just being a conduit for the import of components and export of finished goods.

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DHL Express starts up local delivery services

Posted by | Oct 11, 2006 | |

DHL Express, the filial of German giant Deutsche Post World Net, yesterday formally arrived on the Colombian map for local operations in competition with national rivals such as Servientrega, TCC and Coordinadora. Antonio Arranz, the director of DHL Express in Colombia, has revealed that the multinational will invest USD15mil over the next five years on establishing itself locally. The money will go on vehicles, scanners etc.

DHL Express should boast a Colombian workforce in excess of 1,000 for 2011, doubling its current size. The firm’s new Servicio Expreso Nacional will initially be directed at the corporate sector before incorporating private citizens. DHL Express will cover 130 destinations at first for packages of up to 70 kilos. DHL Express already has 2,500 clients locally for imports and 4,000 for exports.

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Outdated logistics threaten China's economic growth

Posted by | Oct 11, 2006 | |

China needs to bring its logistics infrastructure and supply chain management capabilities into the 21st century if it is to maintain its competitiveness in the global marketplace.

Studies show that logistics expenses in China are higher than in countries with mature logistics infrastructure, and this has pushed up the cost of its goods. Industry analysts and third-party logistics providers said these supply chain inefficiencies, left unchecked, would undermine China’s long-term economic growth. “Compared to developed countries where logistics costs are approximately 9 per cent to 10 per cent of GDP, logistics costs accounted for about 21 per cent of GDP in China,” said Jerry Hsu, president, Greater China area, DHL Express Asia Pacific, citing Ren Xingzhou, director of the Market Economy Research Department at the State Council’s Development Research Centre.

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Colombia DHL Express to invest USD 15 mln 2007-2011

Posted by | Oct 11, 2006 | |

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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