Tag: DHL Express

US express challenge for Deutsche Post

Deutsche Post has called the turnaround in its US express service business one of the major challenges for the next year. Chief executive Klaus Zumwinkel underlined, though, that the postal and logistics group has no intention of withdrawing from the US. ‘The setbacks in 2005 in connection with the integration of the hubs do not lead to a change in direction. Rather, they lead to a strengthening of our efforts,’ he said. DHL’s US express business suffered a loss of EUR400m (USD512m) last year, which was less than a year earlier but more than expected. Mr Zumwinkel underlined that as a global logistics player, a presence on this market was inevitable. 20% of Deutsche Post’s express volumes were coming from or destined for the US. The chief executive added that the division should be profitable from 2009.

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Norwegian DHL Express extends terminal for 2.5 mln Euro

DHL Express Norge has invested over 20 mln Norwegian crowns (USD3.1 mln/2.5 mln euro) in an extended logistics terminal in Bergen, on Norway’s west coast, DHL Express Norge managing director Neel Frankman said on January 24, 2006. The terminal was built to meet the demand from the steadily increasing transport activities in the western region of Vestlandet. Previously, DHL Express Norge operated two logistics terminals. The company will now handle air, land and sea transports from the extended terminal. Moving-in is scheduled for January 28, 2006.

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Deutsche Post plans acquisitions to expand in Central Europe

Deutsche Post AG plans to make additional acquisitions in Central Europe in order to expand its business in the rapidly growing region, Claude Begle, managing director of DHL Express Central Europe, told the Financial Times Deutschland. ‘We are determined to rapidly expand our Central European operations,’ Begle told the newspaper. Begle, who also serves as the chief operating officer for DHL Express Germany, declined to name any specific acquisitions targets. However, financial industry sources said Deutsche Post is close to acquiring two more parcel delivery firms.

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DHL announces rates for 2006

DHL Express (USA) today announced new rates effective February 5, 2006, in line with recently announced annual increases in the express and parcel industry, including a 5.5% increase for DHL Domestic Air Express and International Express and a 3.9% rise for DHL Ground Service. Concurrent with the 2006 rate changes, DHL will institute a cap of 14.5% on its published fuel surcharge for Domestic Air Express and International Express, a move that will allow customers to better predict and control their transportation spending, and will reduce the index used to determine its air fuel surcharge by 2%, resulting in an effective rate increase for DHL Domestic Air Express and International Express services of 3.5%. The fuel surcharge index calculation for Ground products remains unchanged. Rates for DHL@Home, the company’s expedited business-to-residence shipping service, will increase an average of 6.5%, effective January 2, 2006.

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