3 days Ago
BONN: DHL Express, the international express delivery provider, has ramped up its investments in transportation and shipment handling capacity in anticipation of increased demand for express services during the traditional end-of-year peak season . DHL Express is investing over EUR 100 million in transport and handling capacity in the fourth quarter to support its customers’ growth. As part of the ongoing modernisation of its airfreight fleet, DHL Express will be initiating the deployment of eight new Boeing 777 freighters.
With an expected growth of 8.8% in 2024, worldwide e-commerce remains a driving force for volume growth while B2B shipment volume is gradually recovering. Despite ongoing uncertainties in the overall global economy, the company is adding aviation capacity and expanding its international parcel sorting and delivery network to ensure a successful peak for customers.
John Pearson , CEO at DHL Express, said in a statement, “DHL Express is committed to remaining the partner of choice during the busy end-of-year peak season, which is often the most commercially important and operationally challenging time for many of our customers. Our flexible international network combines high quality service and reliable access to capacity, which allows businesses to react in real-time to changes in consumer demand, supplemented by digital tools that help them to improve the customer experience and optimize pick-up and final mile delivery. He added that with ongoing volatility in global freight markets and a continued strong flow of e-commerce volumes, the company is expecting a healthy surge in demand for express services in the fourth quarter.
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C.P. Gupta, Professor: Department of Finance and Business Economics, University of Delhi View Program Marketing Performance Marketing for eCommerce Brands By - Zafer Mukeri, Founder- Inara Marketers View Program Investment in aviation capacity and more fuel-efficient aircraft DHL’s investment in its aviation capacity in the fourth quarter of 2024 includes the introduction of additional large and medium wide body aircraft and supplementary flights with existing aircraft, particularly on intercontinental routes.
The company expects a high-level volume increase in particular on the China outbound lane to the rest of the world during the upcoming peak season. The company is investing in eight new Boeing 777 freight aircraft on trans-Pacific and intercontinental routes between Asia and Europe, boosting capacity on these key lanes and continuing DHL’s transition to lower-emission transportation with newer, more fuel-efficient aircraft. The company has also invested in additional handling and sorting capacity in its ground network, including in its aviation facilities in e.
g. Copenhagen, Cologne, Paris, Atlanta, Brussels and East Midlands (UK) to allow for more flexible flying schedules and the ability to reroute cargo in the event of heavy demand or supply chain disruption..
