DHL adds high-power to DHL-Sinotrans JV

Express giant, DHL, said it will intensify its development and positioning in the Greater China Area with Ken Allen, Global CEO of DHL Express joining the Board of its DHL-Sinotrans Joint Venture in China. “We are very pleased to have Ken Allen join the Board of DHLSinotrans, the joint-venture between DHL and Sinotrans with focus […]


Express giant, DHL, said it will intensify its development and positioning in the Greater China Area with Ken Allen, Global CEO of DHL Express joining the Board of its DHL-Sinotrans Joint Venture in China. “We are very pleased to have Ken Allen join the Board of DHLSinotrans, the joint-venture between DHL and Sinotrans with focus on operating and developing the express business in China,” said Zhao Huxiang, president of Sinotrans Group and chairman of the DHL-Sinotrans Joint Venture Board. “With the wealth of experience and leadership Ken has in managing a significant, successful and complex global business, he will bring new perspectives and international best practices that will not only further strengthen our 24 years’ of rewarding partnership and cooperation but also bring our business to new heights”. From 2000 to 2009, DHL’s total investment in Greater China reached US$1.56 billion. Frank Appel, the Group CEO of Deutsche Post DHL said: “Over the last 24 years, DHL-Sinotrans has been recognised as the market leader and a pioneer in the express and logistics industry in China. Today, China is one of the most important markets for Deutsche Post DHL. Ken Allen will be working closely with Jerry Hsu, president of DHL Express Greater China to develop our positioning in the Greater China market and look for additional growth opportunities to leverage our pioneering position.” “Greater China is one of the fastest developing markets within DHL’s global network and plays a vital role in DHL’s Asia Pacific and global operations,” said Ken Allen, Global CEO, DHL Express. “This is an important step to enable Deutsche Post DHL to further advance our footprint and presence, strengthen our market-leading position in Greater China and expand our capabilities to meet the growing demands of the market.” Today, China is the world’s fastest growing express delivery market. According to the China Transportation and Logistics Industry Outlook (2010 – 2015), published by US consulting firm, AT Kearney and China’s Tongji University, China’s international express market reached RMB 15.5 billion (US$2.3 billion) in revenue in 2009. As China’s economy continues to grow, the express delivery market is expected to maintain a high double-digit growth rate ¨C two to three times the country’s GDP growth. DHL has close to 9,000 employees in China and its services extend to more than 400 Chinese cities and in the international express market of Greater China, which is estimated to be worth US$3.4 billion, DHL said it has an “unrivalled leading position and commands significant market share,” although it did not provide specific market share data. Jerry Hsu, President, DHL Express Greater China Area and Executive Vice President, Deutsche Post DHL said, “The rapid growth of China’s economy and remarkable potential in the express and logistics industry provide DHL with exciting opportunities. DHL will continue to invest in Greater China and the close involvement of Ken Allen, our global CEO signifies and strengthens our commitment to substantially progress our positioning in this market.”