DHL Forecasts Growth in Asia as U.S. Sags

Discussion in 'The Latest DHL and USPS Headlines' started by cheryl, Sep 9, 2008.

  1. cheryl

    cheryl I started this. Staff Member

    DHL Forecasts Growth in Asia as U.S. Sags - Wall Street Journal

    DHL Express foresees 13% growth in Asia revenue this year, thanks to robust document- and package-delivery business in the region at a time of a worsening economic slump in the U.S., Europe and Japan.

    The forecast by the courier unit of Deutsche Post AG falls short of the 17% average annual increase in revenue it posted in the Asia-Pacific region from 2000 through 2007. But it marks a bright outlook given the slack demand for express deliveries in key Western and industrialized countries.