Mexico: DHL too speedy for deceleration
Express delivery group DHL is set to keep up growth levels of over 15% in 2001 – it has averaged 25% growth in the last 6 years – despite these troubled times for Mexico. In 2000, the group posted a turnover of US$200mil. Results could well be 20% below original predictions however. Its 65% share of services to the US is down to 60% but services to Europe and South America are up. It is attracting more importers thanks to its new Import Express product – at present, the importers’ market represents a total of US$150mil in Mexico and DHL makes off with 10%.
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