Tag: DHL

Logistics giant DHL scaling up investment in China

Posted by | Sep 30, 2005 | |

DHL is scaling up its investment in the Asia’s second biggest economy China. As the first global express giant entering the nation, DHL is confident in this promising market. In recent years, DHL has seen its businesses grow there at an annual rate of 35% to 45%, and the figure was even as high as 50% to 60% in 2004, said Wu Dongming, managing director of DHL-Sinotrans, a joint venture of DHL and Sinotrans. In 2003, the company announced a plan to invest USD 200 million in five years there, and the ambitious plan is now going on smoothly, according to the managing director.

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DHL takes over Scandinavian SAS cargo operations

Posted by | Sep 29, 2005 | |

International express and logistics company DHL will take over part of the operations of Scandinavian air cargo carrier SAS Cargo, part of Scandinavian airline SAS Group, it was reported on September 28, 2005. The move concerns SAS Cargo’s loading and unloading operations of Korean Air’s cargo flights. The operations take place at Danish Kastrup Airport, near Copenhagen, and the cargo is then transported by trucks to the rest of the Nordic region. Korean Air was attracted as a result of the partnership between DHL and Kastrup Airport.

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DHL takes on US rivals at the shop-front

Posted by | Sep 28, 2005 | |

DHL is planning to open a new front in its competition with United Parcel Service and FedEx by launching a chain of retail outlets in the US. The German courier company believes it needs a bricks-and-mortar presence in America to woo customers from the two main domestic operators. John Pearson, vice-president of commercial operations, said DHL had yet to decide how many stores it needed but the number could reach the thousands. “We are in the process of mapping out where we need to beand what is realistic,” he told the FT. The prospect of DHL-branded shop-fronts springing up across the US underlines the company’s ambition to become a significant force in North America. The Deutsche Post subsidiary has secured about 10 per cent of the US parcel market since its Dollars 1bn acquisition of Seattle-based Airborne two years ago. Retail outlets would help DHL strengthen its reach among lucrative small business customers not big enough to receive dedicated pick-up services.

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DHL’s hub shift to Leipzig/Halle Airport is official

Posted by | Sep 27, 2005 | |

The contract for the establishment at Leipzig/Halle Airport of the European airfreight hub to be operated by DHL was signed on September 21, 2005, marking the ratification of the agreement to relocate the DHL hub to Leipzig/Halle.
The conclusion of the contract will allow the Central German airport to become one of the most significant freight nodal points in Europe. From 2008, some fifty DHL freight aircraft will be using Leipzig/Halle as their hub base every day, in order for up to 2,000 tonnes of freight to be sorted and forwarded worldwide every night. “We have concluded a good contract which will secure the growth of DHL and of the Airport, and which represents an important milestone on the way to Leipzig/Halle by DHL,” said managing director of DHL Hub Leipzig, Michael Reinboth. “This contract has established an important precondition towards the creation of the planned 3,500 jobs at DHL as the air freight hub.”

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DHL Moves to Wilmington Hub

Posted by | Sep 26, 2005 | |

Last week DHL moved its Greater Cincinnati/Northern Kentucky operations to a new one million-square-foot facility in Wilmington, Ohio, despite a continuing lawsuit over who has the right to finance the project. Nearly a year ago DHL struck a deal with the Dayton-Montgomery County Port Authority in which the state of Ohio guaranteed a bond financing deal and tax exemptions. But neighboring Clinton County Port Authority sued and two weeks ago a Clinton County judge ruled that the Dayton port authority cannot legally finance the deal. The expanded hub is in Clinton County’s Wilmington Airpark.

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