Tag: DHL

DHL Danzas Lemuir further enhances network infrastructure with new corporate office in Mumbai, India

DHL Danzas Air & Ocean announced today the opening of its new DHL Danzas Lemuir headquarters in Mumbai, India. The new enlarged headquarters is a testament to the strategic importance that DHL places on India, touted as the next growth engine of the world. DHL Danzas Lemuir employs over 300 staff and has 17 offices and warehouse facilities in major cities in India, with three more offices scheduled to open in 2006. DHL has been building its logistics presence and strengthening its leadership position in India for almost 40 years, when the company commenced working with Lemuir. Over the last three years, it has invested USD250 million in the country, including setting up DHL Danzas Lemuir, a joint venture company with the Lemuir Group since 2003. “India has experienced phenomenal growth rates in recent years and the prospects for the next few years look just as magnificent” said Dr Klaus Zumwinkel, Chairman, DPWN at the opening of the new logistics headquarters.

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DHL: China to yield 75 percent of Asia sales in 5 years

China will account for as much as three quarters of DHL Express’s Asia-Pacific revenue in five years, up from more than 45 percent now, a senior executive said on Thursday. Asked about China’s contribution to Asian revenue, Jerry Hsu, DHL’s president for Greater China and Korea, told Reuters: “Hopefully, we will (have) at least 70 to 75 percent five years down the road. We have over 45 percent currently”. DHL, the express subsidiary of Deutsche Post World Net, expects revenue there to grow by more than half this year on top of 50 to 60 percent growth last year. “If GDP grows 8 to 9 percent, international express is going 30 to 40 percent, and we always aim to equal or grow faster than the market,” said Scott Price, DHL’s Asia-Pacific chief executive. DHL posted 3.4 billion euros (USD4.1 billion) of revenue in Asia in 2004, versus more than 24 billion euros worldwide, according to the latest figures provided in materials on Thursday.

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Deutsche Post CEO Zumwinkel disappointed with DHL integration in France, UK

Deutsche Post AG chief executive Klaus Zumwinkel said he is disappointed with the integration of DHL in France and the UK, according to an interview to be published in Handelsblatt tomorrow.

But Zumwinkel said he has taken steps to speed up the process, including sacking the head of UK operations.

Deutsche Post acquired DHL in 2002, and has successfully completed the integration of the unit at its German and Dutch operations.

The matter is significant because Deutsche Post must now focus on integrating Exel Plc, which it agreed to acquire for 5.5 bln eur last month.

Overall, Zumwinkel said Deutsche Post’s biggest upcoming challenge will be to ensure that its logistics operations grow at the same pace as the overall market.

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DHL-Sinotrans’ USD200mn expansion plan in China goes smoothly

The USD 200 million expansion plan of DHL-Sinotrans, a local joint venture of express and logistics company DHL, makes great headway, according to the news released by the company. DHL-Sinotrans has enhanced the facilities and capacities of its service centers in Qingdao, Shanghai, Suzhou, Hefei and Xiamen in the first half of this year. Prior to that, the company had built and upgraded its service facilities in 9 cities such as Beijing, Shanghai and Guangzhou.

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