DHL announced recently that they would prompt the business development in China by means of brand promotion. It expected to enhance commercial development and competitiveness of the company. With this new market orientation and value, DHL expected to maintain its leading position in the large potential and competitive market in China.
Read MoreDeutsche Post World Net AG is planning to acquire by the end of this year an additional 23% stake in express carrier DHL for €400m, the Financial Times Deutschland reported, without citing sources.
It said the transaction has already been agreed by the owners of the stake, an Asian investment fund and a fund unit of WestLB, and will leave Deutsche Post with a stake of 98.6% in DHL.
Read MoreDespite questions about its impact on existing terminal operators at Chek Lap Kok, DHL Worldwide Express’s planned new express cargo terminal will help Hong Kong achieve its goal of becoming the leading logistics centre for southern China, the Airport Authority says.
According to Hans Bakker, the authority’s commercial director, the ultimate aim is to take advantage of production growth in the Pearl River Delta and the increasing sophistication of its output.
Read MoreDHL Worldwide Express yesterday inked a deal to buy a 30% stake in Cathay Pacific’s formerly wholly owned subsidiary, Air Hong Kong.
Under the joint venture agreement, Air Hong Kong will purchase a fleet of mid-range, wide-body aircraft to “operate and enhance” DHL’s network to the major cities in the Asia Pacific region.
Read MoreThe Airport Authority said it has awarded a franchise to DHL International (Hong Kong) Ltd for the development, construction and operations of the Express Cargo Terminal at Hong Kong International Airport.
The franchise will last for 15 years, with a total investment of 780 mln hkd
Read More
Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.
