Tag: South America

Brazil: DHL invests USD 20 million to expand

Posted by | May 9, 2005 | |

With the aim of two-folding the size of the Brazilian operations in a short-term DHL Express wants to expand the participation of big companies in its client portfolio. The company intends to have 80% of its income with the big companies. The remainder 20% would come from the small and middle sized companies. Presently 40% of the income comes from the big companies and 60% from the small and middle sized. Of the US$20mil to be invested in Brazil this year half is being injected in automation and IT.

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Brazil: TNT enters contract with Samsung

Posted by | Apr 5, 2005 | |

A contract worth R$20mil between TNT Logistics and Samsung SDI Brasil celebrates a five-years strategic partnership. In the first half of 2005, TNT will invest R$2.5mil in Samsung’s project in operations infrastructure and IT. TNT will be responsible for the whole supply chain of Samsung’s plant. The goal of TNT is that the long-term contract reduce logistic costs by 30%. The Brazilian subsidiary registered a net income of R$372mil in 2004 and predicts R$400mil for 2005 – 65% from the automobile sector; 15% from the agricultural area and 20% from industrial activity. The goal to reach R$1bil has been postponed from 2006 to 2008.

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Correo Argentino to stay in state hands

Posted by | Feb 14, 2005 | |

The Argentine government will keep postal service Correo Argentino under state control, reversing an earlier plan to re-privatize the company, Planning Minister Julio De Vido said Friday. “At this time (re-privatization) is not being considered because of the excellent management that’s being carried out and, fundamentally, because of the results,” De Vido said at a presentation of the company’s 2004 revenues, according to a press release from the presidential office.

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Mexico DHL to invest USD50 Mln 2005-2007

Posted by | Feb 9, 2005 | |

DHL plans to invest USD50 mln (39.2 mln euro) for the period from 2005 to 2007 to expand in Mexico, DHL official Martin Alvarez said on February 8, 2005. DHL plans to increase its fleet to 1,200 vehicles, to increase the number of its branches from the current 900, and to to carry out a technology upgrade. The company also plans to improve its customer relationship management (CRM) through the expansion of its CRM centre in Mexico’s capital, which is the company’s third most important on a global level, after the two located in the USA. DHL’s sales in Mexico grew between 15 pct and 20 pct year-on-year in 2004 and are expected to register a similar increase in 2005, Alvarez added.

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Colombia DHL revenue op 21 pct Y/Y 2004

Posted by | Jan 24, 2005 | |

The sales of the Colombian unit of global carrier and package delivery company DHL Express increased 20.74 pct year-on-year in 2004, it was reported on January 24, 2005. Higher revenue was driven up by the growth of the cargo, transported by the company in 2004, which rose to 5.1 million kg in 2004 from 3.5 million kg in 2003. The parcels, transported by DHL Colombia unit, grew 15 pct year-on-year in 2004.

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