DHL Express opens new gateway in Tokyo
DHL Express has upgraded its facilities in Tokyo with a new nine billion yen ($81 million) gateway located in Shin-Kiba. The 20,000 square metre facility contains more than double the operating area of the previous Tokyo Distribution Centre. It offers bonded warehousing services, and will house the Minato Service Centre, a dedicated service centre for […]
DHL profits increase despite revenue fall
Deutsche Post DHL Group has seen profits increase by 29.1 per cent to 639 million euros ($728.4 million) despite revenue falling due to negative currency effects and lower fuel surcharges. Revenue fell by 6.1 per cent to 13.8 billion euros with Global Forwarding and Supply Chain seeing the biggest revenue falls. Global Forwarding saw revenue […]
Turkey a key market for DHL as business continues to boom
Turkey may be going through tough economic and political times, as well as suffering instability due to problems in neighbouring countries but DHL Express and DHL Freight are aiming for continued growth. DHL Express Turkey chief executive officer (CEO), Markus Reckling tells Air Cargo Week (ACW): “Despite being a very difficult year for Turkey, 2015 […]
Seattle welcomes weekly AeroLogic freighter service
Seattle-Tacoma (Sea-Tac) International Airport has welcomed a new air cargo carrier in the shape of AeroLogic – a joint venture between Lufthansa Cargo and DHL Express. The weekly freighter service begins started on Friday, and connects Puget Sound with Frankfurt. The aircraft is a Boeing 777 Freighter operated by AeroLogic, and its fleet is composed of […]
Alpa tells logistics students they must learn English to get ahead
Logistics can be a stressful job but enjoyable for those who are prepared to put in the work, and English language skills are essential, Pegasus Cargo vice president, Aydin Alpa told students at Istanbul University’s Transportation and Logistics Faculty. Speaking at the International Transport and Logistics Conference on 24 March, which Pegasus was hosting in […]
Deutsche Post DHL profits fall in 2015
Deutsche Post DHL Group has seen profits for 2015 fall by 25.6 per cent to 1.5 billion euros ($1.6 billion), with the Global Forwarding division making losses due to renewing its IT system. By division, earnings before interest and tax (EBIT) for Deutsche Post fell by 15 per cent to 1.1 billion euros while DHL […]
DHL to spend 90m euros expanding at Milan Malpensa
DHL Express is to invest 90 million euros ($100 million) constructing a new logistics hub at Milan Malpensa Airport, to be completed by the end of the second quarter of 2018. The 46,000 square metre hub within Malpensa’s Cargo City will become DHL Express’ main gateway into Italy for international goods. DHL plans to invest […]
DHL facing $455,000 fine from FAA for hazmat breaches
DHL Express is facing fines totalling $455,000 from the Federal Aviation Administration (FAA) for a number of hazardous material breaches. The FAA alleges that DHL accepted shipments that were not properly prepared for air transportation, and employees did not receive required hazardous materials training. The seven breaches occurred between December 2013 and September 2014, and […]
Top freight forwarders losing ground, WorldACD reports
Air cargo market data analyst WorldACD says the top 20 freight forwarders saw their worldwide market share decline from 44.5 per cent to 43 per cent in 2015 – based on revenue, measured in US dollars. The Amsterdam firm bases figures on the inputs of more than 60 (mostly large) airlines, who provide their full worldwide air waybill […]
Changi sees small cargo rise in 2015
Changi Airport has seen cargo volumes increase by 0.5 per cent to 1.8 million tonnes, with certain business areas such as pharmaceuticals booming by 44 per cent. Changi, like other airports in the region, has had a volatile year, though the end of the year was strong. It received a boost at the beginning of […]
DHL Express appoints new MD in Hong Kong and Macau
DHL Express has appointed Herbert Vongpusanachai as its new managing director (MD) of DHL Express Hong Kong and Macau. He succeeds Ken Lee, now chief executive officer for DHL Express Asia Pacific, and he will be responsible for steering and managing the strategic growth and overall operations in the region. Vongpusanachai brings a wealth of […]
Atlas Air to acquire Southern Air in $110 million deal
Atlas Air Worldwide Holdings has entered into an agreement to acquire privately held Southern Air Holdings as part of a $110 million deal. The company says the agreement with the provider of intercontinental and domestic air cargo services is subject to customary closing conditions and approval by the US Department of Transportation, and is expected […]
Ken Lee appointed DHL Express Asia Pacific CEO
Ken Lee has been named chief executive officer (CEO) of DHL Express Asia Pacific, succeeding Jerry Hsu, who is retiring. Lee will be based in Hong Kong, and be responsible for the region covering Hong Kong, India, Japan, Korea, Oceania, South Asia, South East Asia and Taiwan. He has worked at DHL for 18 years […]
