DHL, a global logistics company announced the suspension of some of its operations partially in Pak due to the govt's restrictions on outbound remittances, Pakistan-based Dawn newspaper reported
Contract logistics provider DHL Supply Chain will invest 500-million Euro (around Rs 4,000 crore) in India over the next five years to expand its warehousing capacity, workforce and sustainability initiatives. With this expansion, DHL Supply Chain will add 12 million sq ft of warehousing space in its existing portfolio to take its total capacity to about 22-million sq ft by 2026, the company said in a statement on Wednesday. The company will add this 12-million square feet of capacity in wholly-owned DHL multi-client sites in key metro cities such as Bangalore, Chennai, Kolkata, Mumbai, NCR and Pune, to cater to growing sectors such as e-commerce, retail, consumer, manufacturing as well as automotive. Moreover, multi-client sites are being built in the fast-growing state capitals and tier-2 cities such as Baddi, Cochin, Coimbatore, Guwahati, Sanand, Indore, Lucknow, Bhubaneshwar, Hosur, and Visakhapatnam, among others. It also plans to double its workforce in India to around 25,000
The company plans to add Boeing 737 aircraft to its fleet in order to access to multiple smaller Indian airports
Average number of monthly active users rose by 15% to 321.4 million worldwide
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According to cybersecurity firm Check Point, the report highlighted the brands that hackers most often imitated in the first three months of this year
For the financial year 2021, the DHL group anticipates a further significant increase in Ebit to more than EUR 5.6 billion
The courier industry in India is made up of varied players starting from large multinational firms such as DHL, United Parcel Service (UPS) and FedEx India to domestic firms comprising Blue Dart, DTDC
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Over the last three years, DHL has kicked off "CO2-free last mile delivery" efforts with German cities like Berlin, Hamburg and Munich.
The company said there is only a single slot for all air freight operators and there is no scope for expansion at the nations second largest airport
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The global logistics major is deepening its association with Indian Super League and small businesses to build its brand
Estimated spends on the association are in the range of Rs 8 to 10 crore