Tag: DHL

ABX Air notified of intent to reduce hub services

Posted by | Mar 16, 2006 | |

ABX Air, Inc. announced today an agreement with its major customer, DHL, that will reduce the range of services provided by ABX Air under the Hub and Line-haul Services Agreement during 2006, and provides a framework for negotiating other potential terms in the Hub Services Agreement and the Aircraft, Crew, Maintenance and Insurance Agreement. Specifically, ABX Air and DHL have agreed that: DHL will take over responsibility for the over-the-road truck line-haul network ABX Air currently manages for DHL; DHL will not require ABX Air to operate or manage its Allentown hub after a new facility opens at that location in the third quarter of 2006; ABX Air will have an opportunity to earn additional performance incentives beyond the existing contractual incentives in its ACMI Agreement and Hub Services Agreement if it can achieve very significant cost reductions in 2006; and ABX Air and DHL will undertake negotiation of additional modifications to the Hub Services Agreement and the ACMI Agreement to create greater risk/reward metrics for performance under these agreements.

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DHL names new head of Express France

Posted by | Mar 14, 2006 | |

Stéphane Corthier has been appointed managing director of DHL Express France in place of Olivier Diehl, who has left the company. Corthier had been head of sales, marketing and customer service for DHL Express France since 2003, and previously held the same post at Ducros Euro Express, the express firm acquired by Deutsche Post World Net.

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Deutsche Post hit by weak DHL Express US prospects

Posted by | Mar 14, 2006 | |

Deutsche Post, forecast flat operating profit for 2006 on Tuesday and gave a weak oulook for its DHL express division that sent shares sliding. The group said it expected 2006 operating profit at the express division to be unchanged from 2005, before an impairment loss on goodwill that brought the divisions profit down to just 11m last year. Shares fell 4.9 per cent to 21.65. Deutsche Post has grown through acquisitions, including of DHL and Airborne in 2002, to be the worlds largest logistics company. But it faces tough competition in the US from dominant rivals FedEx and UPS, and last month abandoned a target for DHLs US package delivery business to break even by the end of the year.

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Deutsche Post Posts Gain in 4Q Earnings

Posted by | Mar 14, 2006 | |

Deutsche Post AG, parent of the DHL express-delivery service, has said its fourth-quarter profit rose 25 percent but warned its operating profit likely would be flat this year because of the costs of integrating recent acquisitions.

Bonn, Germany-based Deutsche Post, which is the world’s largest global delivery company, earned 891 million euros (USD1.06 billion) in the quarter that ended Dec. 31, compared with 708 million euros in the year-ago period. The earnings mirrored the preliminary figures it released last month. Sales rose 5 percent to 12.08 billion euros (USD14.4 billion).

For the year, net profit rose 40 percent to 2.24 billion euros (USD2.67 billion) from 1.6 billion euros, while sales rose 3.3 percent to 44.59 billion euros (USD53.2 billion) from 43.17 billion euros.

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DHL launches new US route optimization program

Posted by | Mar 7, 2006 | |

DHL today announced the launch of a new route optimization initiative which will help DHL facilities map out optimum delivery routes, streamline sorting processes, and balance daily loads more efficiently. When complete, the program will provide company operations nationwide with even greater operational efficiencies, and DHL customers with an enhanced customer service experience.
The program will be implemented in approximately 340 DHL facilities across the US over the next nine months. The route optimization initiative will balance workload capacity across the entire fleet, decrease drive time, route length and fuel consumption, enable more rapid processing of shipments and increase efficiency at each facility, which in turn will benefit DHL’s customers across the US.

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