Better express margins double DHL Express operating profit to $311 million
Bonn,Germany -The Journal of Commerce Online (USA), by Bruce Barnard -May 10, 2011: -- Deutsche Post DHL increased first quarter operating profit 23 percent from a year ago to $906 million as strong growth in shipping volume, especially in Asia, sent revenue up 6.9 percent to $18.4 billion... The DHL unit, including express parcel delivery and ocean and air freight forwarding, contributed $523 million to the group profit, up from $315 million in the same period in 2010... Net income at the German mail and global logistics group fell to $468 million from $2.45 billion from last year, when options on the sale of the group’s former Postbank unit boosted profit by $2 billion.
* DHL Express revenue climbed 5.5 percent in the quarter to $4 billion, driven by double-digit growth in the Americas and Asia-Pacific regions, and operating profit almost doubled to $311 million from $158 million a year ago.
* Global freight forwarding revenue jumped 14.9 percent to $5.2 billion reflecting double-digit growth in global ocean and air freight volume and in European overland transport. Profit increased over 30 percent to $99 million.
* Supply chain revenue grew 7.5 percent to $5.2 billion, with the highest gains in the Asia-Pacific region. Profit was up almost 40 percent at $112 million on an improved contract mix, and strict cost management to go with the higher volumes...
* Thailand - Linfox recruits female drivers
Bangkok,Thaiand -Logistics -11 May 2011: -- Linfox Thailand has hired five female drivers – a significant move in the male-dominated logistics industry, according to the company... “It’s not a job that many women apply for in Thailand,” Linfox Thailand Operations Manager Kevin Lloyd said. “The five we do have are great contributors to our business” ... The five new drivers are: Patchareerat Marsri and Tanaporn Sangthong, who drive six and 10 wheel vehicles in Linfox Thailand’s Hyper/Super/Value fresh operations for Tesco; Mali Kratudnak and Yanisa Puangjanhom, who drive pickups for Tesco Express stores, and; Soraya Pailor, who has worked with Linfox for 10 years and drives a prime mover in Tesco’s ambient operations based at Linfox’s Sam Khok DC... (Photo from t2.gstatic: Linfox logistics Thailand Co's a Tata Motors truck)
* The Netherlands - Van den Bosch demands bulk transport label
Erp, The Netherlands -Truck Europe, by Michel Buckinx -29 April 2011: -- Logistics services provider Van den Bosch Transporten, is demanding a European label for bulk transport. To do this, it has turned to Dutch association Tank and Silo Association (DTSA). The company believes that a serious label with a high access threshold will contribute to increasing professionalism and reliability within players from the sector, and thus enable it to enhance its image...
* Germany - System Alliance Europe extends its services
Wallenhorst,Germany -Truck Europe, by Michel Buckinx -13 May 2011: -- European cargo network System Alliance has three new countries on board, and the services index is continuing to grow. In May 2011 the network has extended to Greece, with a new partner – Greek company Omega Transport International. The network is also to extend into Denmark and Norway, with letters of intent having been signed with leading medium sized companies. The network is also planning to expand into the countries of the East over the coming years. System Alliance currently has 50 partners in 24 countries. Compared to the first quarter of 2010, the 171 subsidiaries handled an extra 17.8% of shipments and 18.7% of tonnage during the first quarter of this year. System Alliance has also developed a services index taking into account criteria such as deliveries, load and quality. Since the operational launch of this network, this index has risen by 30 points while quality criteria have multiplied four-fold... (Image from logisblog: Rhenus Bonita truck a System Alliance partner)Labels: trucking industry worldwide
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Bonn,Germany -The Journal of Commerce Online (USA), by Bruce Barnard -May 10, 2011: -- Deutsche Post DHL increased first quarter operating profit 23 percent from a year ago to $906 million as strong growth in shipping volume, especially in Asia, sent revenue up 6.9 percent to $18.4 billion... The DHL unit, including express parcel delivery and ocean and air freight forwarding, contributed $523 million to the group profit, up from $315 million in the same period in 2010... Net income at the German mail and global logistics group fell to $468 million from $2.45 billion from last year, when options on the sale of the group’s former Postbank unit boosted profit by $2 billion.
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