DHL 2003 Annual Report Download - page 3

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Crossing boundaries. Deutsche Post World Net is one of the leading global logistics
providers – and one of the most powerful by international standards. Under the Deutsche Post
and DHL brands, we offer our customers mail, express, and logistics services using our global
transport networks. Our portfolio is supplemented by the comprehensive financial services we
offer under the Postbank brand.
We combine a global presence with far-reaching knowledge of local markets. The
optimal cooperation between our Corporate Divisions allows us to meet all of our customers’
logistics requirements flexibly and from a single source. In this way, we are able to leverage
January
At the turn of the year, the prices of our
key mail products in Germany are reduced
as Deutsche Post implements the price reduc-
tions ordered by the Regulierungsbehörde
für Telekommunikation und Post (Regulatory
Authority for Telecommunications and Posts).
Deutsche Post World Net acquires Italian
parcel company Casa di Spedizioni Ascoli S.p.A.
and integrates it within its European parcel
network under the DHL umbrella brand.
February
The Canadian antitrust authorities approve
DHL’s acquisition of Loomis. This strengthens
DHL’s position on the Canadian market for
ground-based express delivery.
Deutsche Post World Net strengthens
its position on the key Chinese growth market
by purchasing a 5% interest in the leading
Chinese transport and logistics company
Sinotrans Ltd. at the time of its IPO.
March
Deutsche Post introduces new price structures
in Germany for all domestic and international
parcel and express shipments.
Our overnight airmail network is further
optimized as part of the STAR value creation
program, reducing the number of flights
that transport letters within Germany from
32 to 23 per night, with no delay or loss in
quality for its customers.
April
DHL becomes the new brand for Deutsche
Post World Net’s global express and logistics
business. The optical rebranding of all
vehicles, packaging materials and buildings
begins, and an international advertising
campaign is launched in May to highlight
the benefits of the new DHL. Deutsche
Post World Net now offers its customers the
complete range of express and logistics
services from a single source.
May
A key step in the STAR value creation
program is implemented as Deutsche Post
World Net commissions its intranet-based
procurement portal. This central platform
allows procurement employees to access the
information relevant to them and use the
related applications from any location
worldwide, and at any time.
DHL starts the construction of an express
freight terminal at Hong Kong International
Airport. This new hub will soon serve the
entire Asian region.
June
The Annual General Meeting of Deutsche
Post AG resolves the distribution of an
increased dividend and again authorizes
the Company to acquire own shares.
The European Commission approves
Deutsche Post World Net’s acquisition of
a 100% interest in Securicor Omega Holdings
Ltd., a joint venture that was established in
the UK in 1999. The company can now be
fully integrated into DHL’s European network.
More than just events – Milestones in 2003