Tag: DHL

Preview of second quarter: Deutsche Post World Net

Posted by | Jul 23, 2008 | |

Although there was some evidence of market growth slowing in Air Freight Forwarding and Express in the second quarter, Deutsche Post World Net still showed strong growth in underlying EBIT of around 18 percent. On an underlying basis all divisions met or exceeded last year’s second-quarter results.
Revenue growth has been increased by higher fuel costs that were recovered from customers. At the same time, foreign exchange effects continued to reduce revenue growth compared with the year-earlier period.
The revenue increase before foreign exchange effects was approximately 9 percent in the second quarter and reported revenue increased by about 4 percent.
Based on the first-half results and assuming no significant worsening of the global economy, the Group is maintaining its full-year guidance for 2008 and expects underlying EBIT of 4.1 billion euros.
While the U.S. air express market continues to soften, measures to restructure DHL Express U.S. are on track and negotiations with UPS are making satisfactory progress. An update on this matter will be issued after the conclusion of negotiations with UPS.
The full set of half-year accounts will be released on July 31, 2008 at 07:00 CEST. A press conference with Chief Executive Officer Frank Appel and Chief Financial Officer John Allan will be held at 10 a.m. CEST. An investor call will be held at 14:00 CEST.

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DHL selects DataCert's AIMS for manage legal services spend

Posted by | Jul 23, 2008 | |

DataCert, a provider of legal and IP spend and matter management solutions, has announced that DHL has chosen its advanced invoice management system to help the worldwide express delivery and logistics company simplify the legal invoice payment process and control its legal spend.

Using DataCert’s legal spend management software, DHL’s law firms and vendors can submit invoices in an electronic format. Line items that do not comply with DHL’s corporate billing guidelines will be corrected or flagged for further review. Advanced invoice management system (AIMS) will also guide each invoice through designated workflows and approval postings, creating a legal spend database.

This reportable database of comprehensive legal spend data will give DHL’s legal department the ability to analyze, forecast and reduce future spend.

Jon Olin, general counsel for Americas at DHL, said: “DHL selected AIMS for its ability to provide a substantial return on investment both financially and operationally. The actionable metrics produced by AIMS will help us develop an in-depth understanding of our legal spend and drive strategic business decisions regarding law department operations.”

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UPS releases 2nd quarter results 2008

Posted by | Jul 22, 2008 | |

UPS reported a 6.7 pct revenue increase in the second quarter but an 18.3 pct decline in diluted earnings per share to USD 0.85 compared to USD 1.04 the prior year. Increasing fuel costs and a stagnant U.S. economy caused the earnings decline in both the U.S. Domestic and International Package segments.

In contrast, the Supply Chain and Freight segment posted a substantial improvement in profitability.
“Although operating conditions in the second quarter were challenging, UPS firmly believes the long-term growth fundamentals for our company and for our industry are very favorable,” said Scott Davis, UPS chairman and CEO. “We are helping our customers manage through this difficult period while doing everything we can inside UPS to adapt to current conditions.”

For the three months ended June 30, 2008, UPS delivered consolidated volume of 959 million packages, essentially unchanged from the second quarter last year. Revenue rose to USD 13.0 billion and revenue per piece increased 5.9 pct. Results were negatively affected by a 67 pct increase in fuel expense, a reduction in premium product volumes and weakness in U.S. imports.

The slow U.S. economy caused average daily volume in the United States to decline 1.3 pct in the quarter and also contributed to a more pronounced reduction in premium products than in the previous quarter. Volumes per day declined 6.1 pct for Next Day Air, 2.3 pct for deferred air and 0.7 pct for ground. Consolidated revenue per piece rose 3.1 pct, increasing for all services.

These factors, along with the rapid increase in fuel cost and the impact of the two-month lag in the application of the fuel surcharge, were responsible for the declines in second quarter operating results.
During the quarter, UPS and DHL announced they were working on a 10-year agreement through which UPS would provide air lift for DHL’s express, deferred and international volume within the U.S. and between the U.S., Canada and Mexico.

International results were negatively impacted by higher fuel costs, declining U.S. import volume and slower growth in premium services in the major regions of the world.

Export volume increased an industry-leading 10.2 pct, aided by the calendar effect of an early Easter, which boosted growth rates by approximately 2 pct. However, volume growth slowed significantly through the quarter.

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WHU and DHL publish joint logistics study

Posted by | Jul 21, 2008 | |

WHU Otto-Beisheim School of Management and DHL Exel Supply Chain have published a joint logistics study entitled “Successful logistics: getting the relationship with logistic service providers right”.

The study provides an overall picture of outsourcing practices in trade and industry in Germany. At the same time, it provides recommendations for action with a special emphasis on the design of contracts from the point of view of contract awarders. More than 300 companies participated in a survey about their business relationships with their logistics partners.

Compelling reasons for conducting this study included the increasing complexity of cooperation between customers and service providers and the broadening scope of services provided.

Many contractors underestimate this factor and opt for contract models that are only superficially beneficial. On the other hand, if the remuneration structure is tailored individually to match the agreed partnership framework, it is possible to enormously increase the performance of the service providers and therefore the success of outsourcing. The study provides some practically relevant examples.

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DHL Express launches Saint Petersburg-Helsinki flight

Posted by | Jul 21, 2008 | |

DHL, the world leader in express and logistics, this week launched a regular cargo flight on the St. Petersburg-Helsinki-St. Petersburg route. The flight will operate 5 days per week, using an Antonov-26 aircraft with a capacity of 5 tons.

DHL’s aviation division has chosen this routing because it offers optimal transit times and reliable service for Russian customers, connecting directly with DHL’s international aviation network, which utilizes over 350 aircraft worldwide.

According to Adrian Marley, Country Manager DHL Russia, ‘The launch of this flight is yet another step to deepen our aviation capabilities in Russia. It demonstrates the successful growth trends of our company and will help us to further enhance the services that DHL provides to its customers in Russia and worldwide.’

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