Tag: DHL

Air India seeks private partnership in cargo business

Posted by | Aug 5, 2005 | |

With plans of roping in a strategic partner, flag carrier Air-India (A-I) is set to begin discussions with air cargo majors, like Federal Express, DHL and UPS. This is apart from the cargo arms of international carriers, like British Airways, Lufthansa and Air France.

The carrier would be looking at two possible options, where it could either float a JV company with equal public-private equity partnership or sell 50 percent stake after hiving-off its Rs 600-crore cargo business into a separate subsidiary.

Confirming the move, the union minister for civil aviation, Praful Patel said to ToI, “A-I’s cargo business can be turned into a big time revenue earning stream. Along with the growth in passenger traffic, primarily driven by economic growth, the air cargo business is turning out to be a lucrative business proposition.”

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DHL sees Asia-Pacific surge

Posted by | Aug 4, 2005 | |

DHL’s Asia Pacific revenues grew 19 percent to 1.9 billion euros in the January-June period from a year ago, and the company predicted they would remain strong. DHL, a unit of Germany’s Deutsche Post, has invested 1.4 billion dollars in the region since 2000 to boost its infrastructure and plans to spend more if needed, company officials said in a media briefing. Asia-Pacific is DHL’s fastest-growing region. DHL said the region’s transport market is now worth 700 billion dollars and is expected to top 1.3 trillion dollars by 2020. DHL has regional hubs in Bangkok, Hong Kong, Seoul, Singapore, Sydney and Tokyo. Revenues from Asia-Pacific totaled more than 4.2 billion dollars in 2004. The company also said it has no plans to increase its 5 percent stake in Sinotrans, China’ state-owned forwarder. A 50-year partnership between DHL and Sinotrans’ parent, Sinotrans Group, still has more than 30 years to run.

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DHL launches fourth outlet in Qatar expansion plan

Posted by | Aug 3, 2005 | |

Strategically located on the Airport Road near the Airport roundabout, the new 300 square meter office is equipped to the highest standard with state-of-the-art technology and communication facilities as the Deutsche Post World Net (DPWN) subsidiary consolidates its position as the leading express and logistics company in the economically booming country.

Mark Jordan, Country Manager for DHL Qatar, said: ‘This latest office in Doha confirms our intention to continue to be the dominant express and logistics operator in the country. We have been in Qatar for 25 years and though we have a track record and reputation we can be proud of, we will not be standing still. Our continuing expansion in Qatar reflects our commitment to what we see as a key market in the region.

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DHL targets Thai overseas students

Posted by | Aug 2, 2005 | |

Delivery company DHL launched a new express service targeting university students who plan to study abroad, The Nation reports.

Named “University Express”, the new service has been designed exclusively for the fast delivery of students’ applications for admission to universities abroad.

“We have seen business potential in the market as there are about 40,000 students who send their applications to universities abroad every year,” said Herbert Vongpusanachai, managing director of DHL Express (Thailand) Ltd.

DHL currently accounts for more than 50 per cent of Thailand’s international express service for documents, according to the company.

He said that about 70 per cent of those students who have sent application forms to universities abroad seek to study in master’s degree programmes.

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DHL Korea set to build new logistics center

Posted by | Aug 2, 2005 | |

DHL Korea Ltd., the South Korean affiliate of the global courier giant DHL, said Tuesday that it plans to establish a new logistics center in the city of Daejeon, about 160 kilometers south of Seoul.

The company said it plans to invest 4 billion won (USD3.92 million) to build the center on a 5,445 square meter site which will act as the company’s main overland transport logistics hub.

DHL Korea is currently in talks with local authorities on its site, it said. The expected date of completion was not immediately known.

The company plans to expand the facility to up to 16,500 square meters later.

DHL Korea is a joint venture between DHL International Ltd., a U.S.-based logistics giant, and South Korea’s Ilyang Group. It currently has 37 offices and six warehouses across the country.

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