Retail News CRM

Tag: DHL

  • DHL Group gets off to a solid start in 2024

    DHL Group gets off to a solid start in 2024

    The logistics company DHL Group got off to a solid start to the new fiscal year in 2024. As expected, there was no significant upturn in the global economy in the first quarter of 2024. Despite these conditions, the Group generated revenue of EUR 20.3 billion (Q1 2023: EUR 20.9 billion). As anticipated, the operating profit (EBIT) of EUR 1.3 billion was below the previous year’s level (Q1 2023: EUR 1.6 billion) but exceeded the same period of the pre-pandemic year 2019 (Q1 2019: EUR 1.2 billion).

    “We are in an unusually long phase of low momentum in global trade. In this environment, we continue to focus on consistent capacity and cost management. However, we also see further growth potential. The demand for omnishoring and e-commerce solutions remains high and our customers are becoming increasingly aware of sustainable logistics – we can clearly see this in the demand for GoGreen Plus. With our portfolio, we are ideally positioned to benefit from an upturn in global trade. Despite all the challenges, 2024 is a year of opportunities.”

    Measures to safeguard earnings and cash flow show an impact

    DHL Group had already anticipated the slowdown in global economic momentum in 2022 and successfully introduced appropriate measures to safeguard earnings and cash flow. These measures include consistent capacity and cost management as well as price adjustments. In the first quarter of 2024, gross investments (capex) amounted to EUR 483 million (Q1 2023: EUR 569 million).

    The Group continued to make targeted investments in the quality of its services and in structural growth trends such as omnishoring, e-commerce, sustainability, and digitalization. Free cash flow was EUR 608 million (Q1 2023: EUR 983 million; Q1 2019: EUR -256 million).

    In total, DHL Group generated consolidated net profit after non-controlling interests of EUR 743 million in the first three months of 2024 (Q1 2023: EUR 911 million). In the same period, basic earnings per share amounted to EUR 0.63 after EUR 0.76 in the first quarter of 2023.

    Group confirms forecast for 2024

    As expected, a broad and dynamic economic upturn failed to materialize in the first three months of the year. DHL Group continues to expect more positive global economic momentum in the second half of 2024. Overall, the Group confirms its forecast for the 2024 fiscal year and expects EBIT of between EUR 6.0 billion and EUR 6.6 billion and free cash flow, excluding acquisitions and divestments of around EUR 3.0 billion.

    In its medium-term forecast for 2026, DHL Group continues to expect an operating profit of between EUR 7.5 billion and EUR 8.5 billion.

    Express: Continued focus on revenue and cost management 

    At Express, the expected continued weak demand led to a slight decline in shipment volumes. The division is countering the sluggish market environment with productivity improvements, network optimizations, effective yield, and cost management.

    Global Forwarding, Freight: Decline in revenue due to lower freight rates

    The decline in revenue at Global Forwarding, Freight is primarily due to lower freight rates. The division once again recorded volume growth in air and ocean freight compared to the weak prior-year period. Air freight volumes rose by 5.1 percent, with the improvement primarily attributable to trade routes between Asia and Europe. Ocean freight volumes increased 6.6 percent compared to the same quarter of the previous year, with the volume of trade routes from Asia increasing in particular.

    Supply Chain: Stable revenue and earnings growth 

    The Supply Chain division recorded revenue growth in all regions and across various sectors, supported by new business wins, contract renewals and growing e-commerce business. Additional contracts with a volume of EUR 3.5 billion were concluded in the first quarter of 2024. In addition to the energy, retail, life sciences, and healthcare sectors, e-fulfillment solutions accounted for an important part of this. The annualized contract renewal rate remained at a consistently high level.

    eCommerce: Revenue surpasses prior-year level 

    The eCommerce division maintained its revenue growth trend. The EBIT development in the first quarter primarily reflects higher costs due in part to the ongoing investments in the expansion of the networks.

    Post & Parcel Germany: Strong parcel business ensures revenue and earnings growth 

    Although the reporting period contains 1.6 fewer working days, Post & Parcel Germany registered an increase in revenue. The positive development was solely attributable to Parcel, while the postal business continued to decline as expected. Due to the parcel business, the division’s operating profit was significantly higher than in the same quarter of the previous year, which was burdened by additional staff costs due to the wage dispute. The regulated mail business continues to suffer from the regulatory framework.

    Lees ook:

    Lees ook:

    Lees ook:

  • DHL Express adds more capacity on Singapore-US route

    DHL Express adds more capacity on Singapore-US route

    DHL Express and Singapore Airlines welcomed the final Boeing 777 freighter as part of a 5-aircraft deal signed in 2022 that will add further add capacity between Asia Pacific and the Americas via the DHL South Asia Hub in Singapore. 

    The aircraft, sporting a dual DHL-SIA livery, joins four other B777F, providing 1,224 tonnes of payload capacity to accomodate international express shipments on the US-Asia route.

    As early as December 2023, three of the five freighters were operated on the Singapore-Bangkok/Taipei-Incheon/Nagoya-Cincinnatti-Honolulu-Sydney-Singapore route seven times a week. The other two cover the Singapore-Nagoya-Los Angeles-Honolulu-Singapore route five times a week.

    DHL is capitalising on Singapore’s main hub status and location to cut the delivery times between Asia Pacific and the US West Coast to one day for time-sensitive shipments.

    In March 2022, DHL Express and SIA signed the crew and maintenance agreement, where the airline would operate and oversee the maintenance of the five Boeing 777 freighters deployed at the South Asia Hub. These five freighters are part of the express operators’ 28-unit order of the type since the first purchase was made in 2018. The first freighter as part of the deal saw its debut in August 2022.

    Lees ook:

  • DHL Express makes management changes in Asia Pacific

    DHL Express makes management changes in Asia Pacific

    DHL Express has announced several retirements and strategic appointments for Asia Pacific, including Hong Kong and Macau, South Korea and Taiwan.

    Yung C. Ooi, most recently country manager for Taiwan, has been elected as Asia Pacific’s senior vice president for commercial. He will take over the responsibilities of Yasmin Khan, who retires after 23 years at the DHL Group. Appointed in Yung’s place is Chee Choong, who was managing director for  Hong Kong & Macau.

    30-year veteran Andy Chiang, former head of global strategic finance for DHL Express, has moved to a new position as managing director for Hong Kong & Macau.

    In North Asia, Ji Hun (Michael) Han will be the new managing director for DHL Express Korea, succeeding Byung Koo Han, who has retired after 16 years at DHL Group.

    DHL Express is present in more than 40 countries and territories in Asia Pacific with a market share of 57 percent in time-definite international (TDI) revenue. In December 2023, the express operator signed a long-term contract with Japan Airlines to utilize the latter’s first freighter, a Boeing 767-300, to add more connectivity to and from Japan.

    Lees ook:

  • Wexco to represent DHL Aviation in Oceania

    Wexco to represent DHL Aviation in Oceania

    DHL Aviation has tapped ECS Group subsidiaries Wexco Group and Wexco NZ to provide GSSA services in Australia and New Zealand starting 1 December 2023.

    The four-year contracts were finalised in end-September, which will see Wexco sell the capacity on board 45 weekly flights, with 550 tonnes of capacity to be filled each week. DHL operates 26 flights from Australia and 19 flights from New Zealand transporting perishable commodities alongside regular horse shipments.

    “The wide variety of perishable commodities alongside regular horse shipments, make DHL Aviation an exciting airline partner and we are therefore all the more delighted to enter into this partnership,” stated Wexco general manager, Richard Valenzuela.

    DHL Aviation connects to many international destinations out of Australia and New Zealand, including Singapore, Seoul, Hong Kong, Bahrain, US, and various European locations. Its Australian flight schedule offers a Melbourne (MEL) to SIN connection, 5 times per week; Sydney (SYD) to SIN operations, 7 times per week; MEL to Auckland (AKL) to Christchurch (CHC), 5 times per week; and SYD–AKL–CHC, 6 times per week. Weekly uplift consists of meat, chilled salmon and other perishable produce to Asia, whilst exports to New Zealand include general cargo, e-commerce, regular horse movements, and perishables, which are predominantly stone fruits.

    Out of New Zealand, DHL flies from CHC via AKL to SYD, 6 times per week, and CHC–AKL–MEL, 5 times per week, connecting with intra-Australian road feeder services where necessary. Main commodities include fish, dairy, general cargo and horses to Australia, and meat, fruit, and seafood to destinations in Asia.

    “DHL operates a fleet of more than 20 Asia Pacific dedicated aircrafts and is committed to ensuring reliable and efficient service performance, in particular when it comes to supporting trans-Tasman trade. We have invested heavily in Oceania over the past five years and partnering with equally driven partners is essential to the success of our challenging growth strategy,” says Nathan Vellasamy, Vice President at DHL Aviation, Air Capacity Sales, Asia Pacific.

    Parent GSSA company ECS Group now represents DHL in more than 20 countries across the globe.

    Lees ook:

  • DHL Express unveils newly expanded hub in Hong Kong

    DHL Express unveils newly expanded hub in Hong Kong

    DHL Express has completed the expansion of its Central Asia Hub or CAH in Hong Kong, which can now handle six times more shipment volume than when it was first established in 2004.

    The leading express operator has spent 562 million euros on the Hong Kong hub over the last 19 years with two phased developments in both 2008 and 2017. Given its location in Hong Kong, the hub is important gateway to Asia and the rest of the world and today it handles close to 20 percent of the company’s global shipment volume.

    DHL Express said it initiated the final expansion of the facility to complement the launch of Hong Kong International Airport’s three-runway system, which is set to be completed by 2024.

    With direct access to airside and landside, the newly expanded state-of-the-art facility, with double the total warehouse space at 49,500 square metres, is currently the only dedicated and purpose-built air express cargo facility at Hong Kong International Airport with an automated material handling system and peak handling capacity of 125,000 shipments per hour. It currently handles over 200 dedicated flights per week.

    DHL Express said that it expects to handle plus 50 percent of the current volume or up to 1.06 million tonnes per annum when operating at full capacity, six times the shipment volume of when the hub was first established in 2004.

    The company’s Asia Pacific air network operates with four hubs, one in Hong Kong, Shanghai, Singapore and Bangkok, linking to 900 express facilities in the region. The newly expanded hub in Hong Kong is expected to help strengthen the world city’s role as a trans-shipment hub for the Guangdong-Hong Kong-Macao Greater Bay Area, as well as support Hong Kong airport’s long-term goal to become the ‘e-commerce fulfillment centre of Asia’.

    To address the issue of sustainability, DHL has installed solar panels on the hub’s roof and deployed a battery storage system that can store excess solar power and release it as needed,saving 125,000 kWh of electricity annually and reducing 49 tonnes of carbon emissions. Other environmentally friendly features include electric forklifts, LED lights and highly efficient air-cooled chillers.

    Lees ook:

    Lees ook:

    Lees ook:

  • DHL Supply Chain earmarks €350m for Southeast Asia network

    DHL Supply Chain earmarks €350m for Southeast Asia network

    DHL Supply Chain plans to invest EUR350 million in Southeast Asia over the next five years to expand its warehousing capacity, workforce and sustainability initiatives.

    With this investment, DHL Supply Chain will increase its current 1.6 million square meters of warehouse space in Southeast Asia by 25 percent, or 400,000 square meters. This is part of a series of strategic investments by DHL Supply Chain over the past year, which have already added up to EUR1.35 billion globally. These included investments in infrastructure, hiring and development, as well as automation, digitalization and sustainability in India, Latin America and Southeast Asia.

    “Companies are looking at diversifying their supply chains. Southeast Asia, with its efficient work environment and effective trade agreements such as the China-ASEAN FTA, stands to benefit the most.

    “These are strategic investments we take – despite the generally softer market environment – because we invest in the future growth of our business and strongly believe in the strategic expansion and diversification of our regional businesses,” said Oscar de Bok, CEO, DHL Supply Chain.

    The company added that it will continue to develop its warehouse management systems (WMS) and introduce technology in selected markets, such as auto-stores, automated storage and retrieval systems (ASRS) for pallets and large goods, and automated guided vehicles (AGVs).

    “We are not just increasing our capacity, but we are building logistics centers that can cater to future demand for our customers through robotics and sustainability initiatives,” noted Javier Bilbao, CEO, DHL Supply Chain Asia Pacific.

    For example, he highlighted the upcoming fifth facility in Penang – PLH5, which will feature state-of-the-art automated pallet storage and retrieval system and goods-to-person robotics technology to handle small parts picking.

    Looking ahead, the contract logistics unit shared a broader strategy to nurture talent and meet evolving customer demands in automation, digital analytics, electric vehicle (EV) handling, reverse logistics, and solution design. It also plans to double its EV fleet in Southeast Asia over the next five years.

    DHL Supply Chain is also championing sustainability in the sector as it committed to having carbon-neutral facilities for all new buildings, like what it has done in its facilities in Singapore and Malaysia.

    Lees ook:

  • DHL Express transforms Incheon gateway facility

    DHL Express transforms Incheon gateway facility

    DHL Express is confident about the upward trajectory of cargo demand in South Korea and has commenced full-fledged operations at the newly expanded Incheon gateway. 

    The enhanced Incheon gateway is now three times the size of its predecessor with 59,248 square metres of floor area. It can also handle 3.5 times as much capacity, complete with a 5.5-kilometer-long conveyor belt and 19 automated X-ray inspection machines to ensure safety and compliance. It pledged €131 million (KRW 175 billion) to expand the cargo gateway in 2019, marking its largest investment in South Korea to date.

    “Between 2011 and now, the transit cargo handling volume we handled in the country grew more than threefold,” Sean Wall, Executive Vice President of Network Operations and Aviation, Asia Pacific, DHL Express. The opening of the expanded Incheon Gateway arrives at a right time as it plays an important role to facilitate regional and intra-Asia trade, particularly for the Northeast Asian region, including Dalian, Qingdao, Wuxi, Ulaanbaatar, and Guam.” 

    DHL cited growing international express imports and exports with Asia-Pacific neighbours like Singapore, Japan, China, Australia, and Taiwan as contributor to the increasing cargo demand seen at Incheon. To move import and export shipments efficiently at the Incheon Gateway, DHL Express will utilise a fully automated sorting and handling system that can process over 10,000 parcels an hour. The company connects other hubs via Incheon with seven dedicated DHL aircraft and 40 aircraft from partner airlines. 

    DHL Express added that the facility is partly powered by solar energy with a 1-mW solar power generator installed on the entire rooftop area (5,700 square meters). The solar generator can produce energy that covers roughly 30 percent of the facility’s consumed energy, reducing around 650 tonnes of carbon emissions annually. This marks the first instance among cargo terminals within Incheon International Airport to use solar energy. 

    ByungKoo Han, Country Manager of DHL Express Korea, said, “The Incheon Gateway serves as a strategic facility that connects South Korea and the Asia Pacific region to the world. Since its initial opening in 2009, the volume of imports and exports at Incheon Gateway has increased by more than 90% in 2022. With this expansion, we are confident that we can adeptly manage the surge in shipment volume and cater to the increasing demand for international express delivery over the coming decade.” 

    Lees ook:

  • DHL promotes new head of global air freight

    DHL promotes new head of global air freight

    DHL Global Forwarding, the air and ocean freight specialist of DHL Group, has announced changes in its global leadership team with Thomas Mack, current executive vice president for air freight, set to move into a new senior advisor role. 

    Max Sauberschwarz, who currently holds the role of Senior Vice President Global StarBroker, DHL Global Forwarding’s air charter organisation, will assume the role of Head of Global Air Freight on 1 October 2023. 

    Max Sauberschwarz has more than 15 years of experience in logistics and has held several senior management roles in the air freight sector. He joined DHL Global Forwarding in 2019 as Senior Vice President Global StarBroker. 

    The two will report directly to Tim Scharwath, CEO of DHL Global Forwarding, during the transition, after which Mack will leave the company into retirement in October 2024. Thomas Mack joined the company five years ago as Head of Global Air Freight where he was heavily involved in transforming the organization into one of the world’s leading providers of integrated air freight services, working closely with DHL Express to leverage valuable synergies within the group.

    Lees ook:

  • DHL to acquire Turkish courier MNG Kargo

    DHL to acquire Turkish courier MNG Kargo

    DHL Group has agreed to fully acquire Turkish parcel delivery company MNG Kargo Yurtiçi ve Yurtdışı Taşımacılık A.Ş. (MNG Kargo), one of the leading parcel delivery companies in Turkey.

    The merger will look to capitalise on Turkiye’s growing e-commerce market, which is estimated to see double-digit growth in the next few years. Tobias Meyer, CEO DHL Group said “E-commerce remains one of the biggest growth drivers for logistics services and especially for parcel volumes. We, therefore, continuously work to expand our footprint in the e-commerce sector – whether through organic or inorganic growth. MNG Kargo complements our business portfolio and will help further to strengthen our position in this sector.”

    The acquisition will boost DHL’s domestic presence in Turkiye and DHL considers the newly acquired parcel network a perfect addition to its European parcel delivery network, with 27 mid-mile sorting centers and over 800 last-mile branches in main cities of Turkey.

    The transaction is subject to merger control clearance by the Turkish Competition Authority as well as approval of the Turkish Information and Communications Technologies Authority.

    Lees ook:

    Lees ook:

  • DHL Supply Chain to spend €500m in Latin America

    DHL Supply Chain to spend €500m in Latin America

    DHL Supply Chain has announced a landmark investment of €500 million into Latin America over the next years (until 2028) as part of a strategy to strengthen its capabilities in high-demand sectors like healthcare, automotive, technology, retail and e-commerce.

    Projects in the pipeline include decarbonizing the domestic fleet through greener alternatives; building, developing and retrofitting real estate assets and warehouses in the market; as well as significant investments into new technologies, robotics and automation solutions.

    DHL Supply Chain is confident in its plans for the region, citing its proximity to large consumer markets in North America as well as booming sales markets which make it attractive for industries to invest and therewith request additional logistics support.

    The company has been growing its operations in Latin America with more than 240 locations. In Mexico last year, it acquired NTA, a company focused on logistics services for the pharmaceutical industry.

    In Brazil, it recently announced the expansion and modernization of its distribution centre located in Goiás, while expanding its operations and presence in Extrema Minas Gerais for various clients in pharmaceuticals and retail fashion. It also opened a new distribution centre in Pudahuel, Chile, and expanded its presence in Mexico with new warehouses in Tijuana and Monterrey, including a new campus in the State of Mexico, which will serve the e-commerce, retail, fashion, consumer, medical devices, aerospace, electronics, and automotive sectors.

    Following the announcement of the investment, DHL Supply Chain Mexico inaugurated a new center of excellence for electric vehicles to provide synergy to the automotive industry in the region.

    Lees ook:

    Lees ook:

  • DHL tops up with Turkish Cargo in Istanbul

    DHL tops up with Turkish Cargo in Istanbul

    DHL Global Forwarding is strengthening its air cargo partnerships in Istanbul and has signed a memorandum of understanding that will extend its operations at Turkish Airline’s modern SMARTIST cargo facility.

    Turkish Cargo supports DHL forwarding unit’s global hub concept with its vast knowledge and advanced operational capabilities at Istanbul Airport.

    Based on the MoU, DHL Global Forwarding will leverage SMARTIST, the mega cargo facility of Turkish Cargo at Istanbul Airport, as one of its global hubs. DHL said the cooperation will not only further improve each other’s operational efficiency, but also enhance Istanbul’s potential to become a leading logistics hub for the world. The two inked the deal at the IATA World Cargo Symposium held in Istanbul in April.

    “Spanning the European and Asian continents, Türkiye is geographically well-positioned to act as a logistics hub for Europe, Asia as well as the MEA region and the US,” said Thomas Mack, Global Head of Air Freight, DHL Global Forwarding

    “We are happy to intensify our long-lasting partnership with Turkish Cargo, that not only provides us with reliable air cargo capacity, but also state-of-the-art logistics infrastructure to handle air freight,” he added.

    Lees ook:

    Lees ook:

  • DHL Express to build new Helsinki facility

    DHL Express is set to build a logistics center for international air shipments at Helsinki-Vantaa Airport and is allocating around €100 million for the entire lease period for new premises and technology in the Aviapolis area.

    Once operational, the airside access will DHL aircraft parked on the apron to be reached directly from the new building. All incoming and outgoing express shipments in Finland will be handled in the logistics center, which is scheduled to be completed in the second half of 2025.

    DHL said the new facility comes in response to growing shipment volumes in Finland, powered by international e-commerce and remarkable growth in demand in all customer segments.

    “The new state-of-the-art gateway facility will enhance our ability to continue to create reliable and fast transport services that support the competitiveness of Finnish export and import companies,” said Oktay Nuri, Managing Director DHL Express Finland.

    “The new facility will be about 16,000 gross square meters in size, more than double the size of our current gateway in Vantaa. The automated sorting system can handle approximately 6,500 items per hour. 90 direct loading bays enable efficient sorting of shipments directly from the conveyor to the delivery vans. All bays will be equipped with charging stations for e-vehicles, supporting our goal to electrify our entire pick-up and delivery fleet within a few years,” explained Janne Appel, perations director of DHL Express Finland.

    DHL said the new facility will be built by AVIA Real Estate Oy, with Meijou Oy as the main contractor, and has been designed to be carbon neutral. The new Helsinki gateway is part of an extensive network infrastructure improvement program that the group is undertaking, which includes a new Nordic Express opened in Copenhagen a couple of months ago and a similar gateway facility being built in Munich.

    Some 150 employees will be employed at the new gateway with the head office of DHL Express Finland located in separate premises.

    Lees ook:

    Lees ook:

    Lees ook:

    Lees ook:

  • DHL Express expands electric van fleet in Indonesia

    DHL Express expands electric van fleet in Indonesia

    Leading international express service provider DHL Express has geared up to electrify its last-mile delivery fleet with the deployment of 24 electric vans in Jakarta and Bandung.

    The introduction of the new e-vans, which are expected to cut 177 tonnes of annual carbon emissions, underscores the company’s commitment to more sustainable operations and contributing to climate protection.

    The new electric vehicles will join the existing fleet which includes four electric vans and six electric bikes serving areas in Jakarta and Surabaya.

    Ahmad Mohamad, Senior Technical Advisor, DHL Express Indonesia, said the plan is to transition the company fleet to electric vehicles and make them available in other Indonesian cities. The company will also invest in other low-carbon solutions, such as e-trucks and solar panels for facilities in Indonesia.

    As announced in its Sustainability Roadmap, Deutsche Post DHL Group will invest 7 billion euros until 2030 in CO2 reduction measures. This includes electrifying 60 percent of the last-mile delivery fleet across the Group.

    Lees ook:

    Lees ook:

  • DHL Supply Chain launches direct-to-consumer solution

    DHL Supply Chain launches direct-to-consumer solution

    DHL Supply Chain has partnered with digital commerce agency Tryzens, to offer brands a rapid-start, scalable and cost-effective direct-to-consumer (D2C) route to market.

    The solution, named ConsumerDirect, was created to simplify access to digital and supply chain capabilities. It is intended to make entry into D2C simple and low risk for established brands that are currently selling through wholesale or retail channels. From consultation and initial setup, through to navigating the hurdles of acquiring a direct customer base, the partners will launch digital storefronts and reconfigure the supply chain to help brands launch D2C solutions that can scale with them as they grow. In addition, Tryzens and DHL will support the growing demand for capabilities such as subscriptions, personalization of products and packaging and sustainable solutions.

    The solution is intended to enable brands to operate a D2C solution through DHL’s infrastructure and range of services, alongside its wholesale B2B supply chain. With low entry costs and a pay-as-you-grow mechanism, the solution is expected to diminish the pain of investment risk, especially while the D2C channel is being established.

    Since 2018, the companies have observed an increasing number of consumer and retail brands establishing direct e-commerce channels to reach their customers, ensure supply, increase customer loyalty, understand consumer behavior and improve margins. The ConsumerDirect proposition from DHL and Tryzens enables brands to reach their customers across the world with a high-quality end-to-end experience, without great commercial risk or investment.

    Alex Hislop, chief customer officer of DHL Supply Chain UK and Ireland, said, “We are delighted to be partnering with Tryzens, who bring further strength to our one-stop-shop, local and global fulfillment solution. In the market, there is often a misconception that for established consumer goods brands the transition to selling direct is simple, but compared with pureplay online retail, it can be a real challenge to reconfigure supply chains to improve agility and flexibility, build brand loyalty and deeper customer relationships, and maintain important wholesale and retail channel relationships. That’s why we’ve established our partnership with Tryzens; both businesses understand that complexity and bring complementary expertise to guide brands on the entire digital and physical journey.”

    Andy Burton, CEO of Tryzens, said, “The ability for brands to directly engage with consumers not only provides an additional means of selling their products but enables real insight to be gleaned and customer loyalty maintained. D2C provides a channel for building brand reputation and controlling the narrative in differentiating a brand’s products from others in the mind of the consumer. The consumer promise is made up of online shopping, the real-world fulfillment experience and the product quality experience, so we at Tryzens are truly proud to be working with DHL as global leaders in supply chain management to offer the market a comprehensive and cost-effective solution for brands to launch swiftly and scale their D2C capability with the full assurance that the promise they provide to market can be fulfilled.”

  • DHL allots €500m to boost contract logistics in India

    DHL allots €500m to boost contract logistics in India

    DHL Supply Chain (DHL) plans to invest €500 million in India over the next five years as it looks to grow its warehousing capacity, workforce and sustainability initiatives in the country.

    The company plans to own and operate large multi-client sites in India, adding 12 million square feet of warehousing space, to cater to growing sectors like e-commerce, retail, consumer, life sciences, technology, engineering and manufacturing as well as automotive.

    These warehouses will feature tech solutions like assisted picking robots, indoor robotic transport, intelligent process automation, wearable devices, voice picking, inventory management robots and algorithmic optimization..

    DHL will add 12 million square feet of capacity across wholly owned sites in key cities like Bangalore, Chennai, Kolkata, Mumbai, National Capital Region (NCR) and Pune. The company said multi-client sites are also being built in fast-growing state capitals and tier 2 cities like Ambala, Baddi, Cochin, Coimbatore, Guwahati, Sanand, Hyderabad, Jaipur, Indore, Lucknow, Bhubaneshwar, Hosur, and Visakhapatnam.

    DHL Supply Chain India will also open two new business support centers (BSC) in Bangalore and Pune within the next 12-18 months to support customer demand. The company runs three BSCs in Mumbai, Gurgaon and Chennai, providing 24/7 value-added services.

    “Asia Pacific currently accounts for about 15 percent of DHL Supply Chain’s global revenue but is among the fastest growing regions, with India being a key contributor to this growth. The Indian logistics market, worth over US$200 billion now, is expected to grow at about 10% per year in the next five years to reach around US$330 billion. We take a long-term view in India with businesses here having reasons to be optimistic,” said Terry Ryan, CEO, DHL Supply Chain Asia Pacific.

    Lees ook:

    Lees ook:

    Lees ook: