Major express shippers like UPS, DHL and FedEx may be forced out of Mexico, reports Mexico City’s El Financiero. Mexican lawmakers are considering mandating that “natural or legal Mexican citizens” operate federal cargo, courier and express services and restricting foreign stakes in such companies. Public hearings should begin March 15.
Read MoreGerman postal group Deutsche Post World Net said on Friday it plans to invest millions of dollars in Asia this year as part of its aim to maintain double-digit revenue growth in the region. ‘It’s in the three-digit million area for one year, in U.S. dollars,’ Klaus Zumwinkel, chairman of the board of management of Deutsche Post, told a news conference in Singapore. ‘In Asia, we are growing double-digit in revenues so we need more people and more investments.’
Read MoreDHL Worldwide Express is to take over Mayne Group Canada, one of Canada’s leading express courier services, on 31 January 2003. Upon completion of the DHL takeover, Deutsche Post World Net will be well-positioned to significantly pursue its global growth strategy. With the acquisition of Loomis, the Group strengthens its targeted presence in in the attractive North American overland express delivery market.
Read MoreDHL Worldwide Express and Danzas AEI Intercontinental have announced a cooperation agreement. The companies will combine their unique competences in air express, air freight and ocean freight to provide improved services to current and potential clients in Iceland. The agreement will make DHL-Danzas a major player on the Icelandic logistic market.
Read MoreDHL Worldwide Express has begun tests of a new ground service in the United States and plans to roll out the service early next year. It is moving its U.S. sales operations from San Francisco to Florida.
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