Dhl consolidating brokerage
Rajeev Rajadhyaksha, earlier Managing Director of Exel India Pvt Ltd, has been appointed as Managing Director of DHL Lemuir Logistics Private Limited and Christoph Remund has been appointed as Chief Operating Officer of DHL Global Forwarding.
The formation of DHL Lemuir Logistics Private Limited was an outcome of Exel joining Deutsche Post World Net’s (DHL’s parent company) global fold in December 2005.
The consolidated logistics business will trade under the DHL brand as DHL Global Forwarding for the freight forwarding business and DHL Exel Supply Chain for contract logistics.
It will lead to significant benefits for customers, including greater geographic spread, product and service leadership and enhanced offerings to meet all their logistics and supply chain requirements.
DHL and Lemuir Group, pioneers in the Indian logistics industry announced that Deutsche Post World Net and Lemuir have planned to consolidate their joint venture which would be named – DHL Lemuir Logistics Private Limited – in India.
Deutsche Post World Net will hold 76 percent stake in the joint venture with 24 percent being held by Lemuir.
We are confident that the consolidated joint venture will benefit our customers and employees and help globalize our business and processes.
It will allow us to serve our customers with a greater degree of service excellence, better technology and systems, global reach and a strong product portfolio.” DHL in India also comprises of DHL Express – India’s leading express company – and Blue Dart, a leader in domestic express, which will continue to operate as independent business units.
Upon the completion of the consolidation and integration in India, the DHL Logistics business will be bigger, better and stronger.The combined expertise of three leading players in the industry and the strength of over 2000 employees and 150 facilities will position us as a clear leader in contract logistics, air and ocean freight forwarding and customs brokerage in India.India is of strategic importance to DHL in Asia Pacific.This consolidation will create a strong platform to enable us leverage the opportunities in the logistics sector in India.” “Our focus over the next few months will be to transition and grow our partnership with existing customers, win new business given the opportunities presented by the consolidation, increase cross selling and integrate employees from the three erstwhile companies into one consolidated group,” Mr Allan added.According to DHL, the Indian logistics market is estimated to be around USD 45 billion today.