DHL 1999 Annual Report Download - page 67

Download and view the complete annual report

Please find page 67 of the 1999 DHL annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 139

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139

One of these new additions is the Dutch company
Nedlloyd European Transport and Distribution
(ETD) which Danzas and Deutsche Post acquired
jointly in July 1999. Nedlloyd ETD closed a number of
geographic gaps in our coverage of Europe (particularly
in Germany and the Benelux countries), improving
market penetration for the entire Danzas Group in the
process. Further, by bringing Nedlloyd ETD on board,
we also added a new business unit, Nedlloyd Fashion
Services. This move also expanded our product range.
The companies Nedlloyd Districenters and Nedlloyd
Flowmasters have been integrated into the Industry
Solutions business unit, a step that has led to efficiency
gains in this area as well.
Another milestone was reached with the acquisition of
ASG, Scandinavia’s leading transport and logistics cor-
poration.The merging of our networks that came in the
wake of this acquisition also closed a few more geo-
graphic gaps (particularly in northern Europe) and
consequently strengthened Danzas’s position as market
leader. With its three divisions ASG Logistics (inte-
grated contract logistics),ASG Road Transport (road
transport within Scandinavia and the Baltic states and
throughout continental Europe) and ASG Air & Sea
(international air and sea freight services),ASG aug-
ments Danzas’s operations perfectly.
Another important stage in improving our market posi-
tion was our acquisition of the American company Air
Express International (AEI) which was announced in
November 1999.Also a global operator,AEI is the oldest
and largest air freight carrier in the United States. This
acquisition became legally effective after Deutsche Post
World Net acquired some 96 percent of the AEI out-
standing shares on the basis of a corresponding bid and
after the cartel offices in Europe and the U.S.A. ap-
proved the takeover in February of this year.
Logistics solutions – Danzas leads the pack
The individual business units can also look back on a
successful year. Danzas noticeably improved its market
standing in the area of third-party logistics. This was
due to the previously mentioned acquisition of Nedl-
loyd ETD and to our acquisitions of the Philips subsid-
iaries DDF Logistica in Brazil and Vindo Logistik in
Austria.These acquisitions not only expanded our exist-
ing network. The addition of the Philips subsidiaries to
our lineup also extended our operations into up-and-
coming markets such as Latin America and – via that
vital gateway, Austria – eastern Europe. We also
strengthened our textile logistics business by transfer-
ring our subsidiary Deutsche Post Kontrakt Logistik
GmbH to Danzas as of January 1, 2000. Deutsche Post
Kontrakt Logistik GmbH’s operations encompass, for
example, ITG, a company specializing in logistics solu-
tions for the fashion and shoe industries. Put in a nut-
shell, Danzas leads Europe’s logistics solutions field
today, particularly in the area of textile logistics. Its
position in the electronics and telecommunications sec-
tors is strong,and it was also able to establish itself
firmly in the automotive sector.
74