Middle East bright spot for DHL Express
DHL Express has performed better in the Middle East than the rest of the world during the downturn, with the company posting an increase in volumes in the region year-to-date, although revenues are down about 6.4 per cent year-on-year, according to the managing director for DHL Middle East. Ã¢â‚¬Å“If we compare the Middle East with […]
December 1, 2009
By PLA Editor
Ã¢â‚¬Å“If we compare the Middle East with the rest of the world, our performance was very good. The year-to-date volumes in the Middle East, other than Iraq, were up around one per cent on a year earlier, while our weight is up 11 per cent,Ã¢â‚¬Â Garry Kemp, Managing Director (Middle East, North Africa, Turkey) DHL Express, told Emirates Business.
Ã¢â‚¬Å“Given the changing needs of our customers in the past year, a change in product mix and a higher demand for day-definite logistics solutions have contributed to the results,Ã¢â‚¬Â he said.
Qatar and Kuwait are the highest growth markets in the Middle East in terms of revenue and volume, he said.
Ã¢â‚¬Å“In the coming year, we are anticipating about three to five per cent improvement in the region in terms of the volumes. The growth is fuelled by a requirement of more and more imports and through critical gateway points such as the Jebel Ali port and free zone that is feeding the entire Gulf, and even up to the Levant countries including Jordan. We are seeing consumer appetite across the region,Ã¢â‚¬Â he said.