DHL exceeds Q1 growth targets in its Indian business
DHL Worldwide has reported a 30 percent growth in its Indian business during the first quarter (Q1) to 31 Mar 2003. The company had targeted a growth rate of 25 percent.
Read MoreTag: DHL Worldwide Express
DHL plots India expansion
DHL Worldwide Express, a unit of Deutsche Post World Net, plans to invest millions in India for new infrastructure, customer service centers, and warehouses. “We are looking at India very, very positively,” said Country Manager Chris Callen in Mumbai. “India represents one of the four key markets for us – the others are China, Japan and Australia.” Callen didn’t give specific investment figures, but said these would be in “many millions of euros.”
Read MoreDHL explores Senai Airport, Malaysia as a possible base
DHL Worldwide Express is exploring the possibility of setting up shop at Senai Airport in the southern Malaysian state of Johor. ‘They have approached us but it is purely exploratory,’ according to Yasmin Aladad Khan, general manager of DHL in Malaysia. DHL joins a growing list of express package delivery companies that have been approached by Senai Airport Terminal Services (Sats), which is in the midst of taking over the small Malaysian airport located north of Changi International Airport in Singapore.
Read MoreAirborne Inc criticizes airline ownership proposal
Airborne Inc. lashed out at rival package carriers United Parcel Service and FedEx Corp. over a proposal being considered by the U.S. Senate to toughen ownership rules for air carriers. “It is no surprise that they would attempt to protect their duopoly in any way they can,” Airborne said in a statement Monday. “Their attempts to delay our transaction will limit opportunities for American workers and deny choice to American consumers.” Representatives of UPS and FedEx denied that they are trying to quash competition.
Read MoreUPS and Fedex lock horns with DHL
US parcel giants UPS and Federal Express have scored the first hit in a bitter dogfight with German-owned DHL over its USD1bn bid for domestic package delivery operator Airborne Express. Intense lobbying by UPS and FedEx has added a single but significant sentence to Senate legislation intended to approve USD 80bn of funding for the war with Iraq. The amendment means that any company receiving more than 50% of its operating revenue from a foreign entity or ‘not effectively controlled by citizens of the United States’ cannot carry military cargo.
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