Tag: DHL Express

DHL Express expects USD35 mln revenue in Argentina 2005

DHL Express expects revenue in Argentina to grow by 20 pct year-on-year to USD35 mln (29.7 mln euro) in 2005, DHL Express chief executive for Argentina, Sergio Del Casale, said on November 25, 2005. DHL Express projected 15 pct year-on-year revenue growth in Argentina in 2006, reflecting the strong performance in the small and medium-sized enterprises (SMEs) sector. Argentina’s express delivery market totals some USD70 mln (59.5 mln euro) annually.

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DHL sees strong growth in China despite increased competition

Deutsche Post AG’s DHL unit still expects to grow sharply in China despite increased competition from rivals such as United Parcel Service, chief executive Klaus Zumwinkel told WirtschaftsWoche. In an interview to appear in Thursday’s annual China edition, Zumwinkel said 300 Chinese cities are now part of DHL’s delivery network. ‘None of our competitors can offer such a broad range of products and services across this wide geographic area,’ Zumwinkel said in the interview. ‘DHL is the market leader in China by a wide margin. It will not be easy to catch us.’

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Hungary’s express air delivery market to double in under five years

Hungary’s market for international express air deliveries is expected to be worth about EUR 70m this year, up from EUR 62m in 2004, according to a study by Deutsche Post, which owns express delivery service DHL Express Magyarorszag. The study estimates the market for international express air deliveries will grow further to EUR 100m in 2008, and to EUR 150m in 2010, more than doubling in size over five years. According to the study, DHL Express Magyarorszag is leader on the international express air delivery market, with a 36pc share, followed by TNT Express Worldwide Hungary with 31pc, the Hungarian unit of UPS with 23pc, FedEx, which has no Hungarian unit, with 9pc, and the Hungarian post Magyar Posta with 2pc.

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DHL invests in its European express business

DHL Express is putting additional focus on local service to the customer in its European business activities. To accomplish this goal, the express and logistics subsidiary of Deutsche Post World Net will invest more than 1 billion euros in the years ahead. This money will flow into infrastructure programs, IT development and customer-focused services. Among other goals, the company plans to achieve a region-wide presence by the end of 2008 and expand its network to 30,000 customer drop points. A total of 20,000 sites are to be ready for private and business customers a year earlier.

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GeoPost lips zipped as Begle quits

French parcels carrier GeoPost was tight-lipped at the weekend about the surprise departure of Claude Begle, chief executive of Geopost International Management and Development, for arch rival DHL Express. Geopost, a subsidiary of French postal organisation La Poste, declined to say when and why he had left the company. Journalists were referred to the announcement made by DHL last Monday concerning Mr Begle’s appointment as chief operating officer for DHL Express Germany and DHL Express Central Europe. The communications manager for GeoPost, Marion Egal, would say only that it was Mr Begle who had chosen to leave the company and not the company which had decided to dispense with his services. She added that the company’s management team would be reorganised as a result of the departure and an announcement regarding this would be made ‘a bit later’. ‘Our feeling here is that GeoPost management are handling the situation as it is,’ she said, ‘International development is going on.’

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