DHL sees double-digit growth

  • Business
  • Tuesday, 06 Jul 2004

EXPRESS and logistics company DHL expects its Malaysian operations to register double-digit growth this year, country manager Charles Brewer said. 

In 2003, DHL Malaysia, which controlled 40% of Malaysia's express cargo business, handled 3.8 million shipments. 

“I hope this year's growth will be higher than the 20% registered last year,” he told a press conference in Petaling Jaya after the unveiling of the first DHL-liveried freighter operating within Asia. 

Deputy Transport Minister Tengku Azlan Ibni Sultan Abu Bakar unveiled the DHL-liveried Boeing 737-200, flying the Kuala Lumpur-Singapore-Hong Kong sector daily. 

It is one of two B727-200 freighters operated by Transmile Air Services for DHL Malaysia. The second freighter, also flying daily, plies the Penang-Bangkok-Hong Kong route. 

Transmile Services operates another freighter for DHL, a B737-200 freighter that flies a daily feeder service from Ho Chi Minh City in Vietnam to Bangkok. 

Brewer said DHL was well positioned to take advantage of Malaysia's growth prospect following the consolidation of the DHL brand last year. 

Transmile Group Bhd chairman Tun Dr Ling Liong Sik said intra-Asian air cargo was expected to grow at double-digit rates each year over the next five years, as against global growth of 6.5% a year over the same period. 

Intra-Asian growth would be fuelled mainly by demand for air cargo from China, he added. – Bernama  

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