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Release Date:
Release ID: 4685

DHL boosts freight services from India

· Launches new LCL consol weekly service from Cochin to Colombo
· Opens new ocean freight terminal to tap growing market

Singapore, May 5, 2010 – DHL, the world’s leading logistics company, announced today the opening of its new ocean freight terminal in Cochin and the launch of its weekly direct Less than Container Load [1] (LCL) Consol services connecting Cochin, India to Europe, North America and emerging markets via DHL’s multinational gateway in Colombo, Sri Lanka.

Operated by Danmar Lines DHL’s in-house carrier, the new service from Cochin via Colombo offer customers reliable and superior services with reduced transit times of up to three days.

Cochin is a major port on the west coast of India and is gaining prominence as an important gateway for India’s trade. Cochin serves not just the state of Kerala, but also the neighboring states of Karnataka and Tamil Nadu, all of which are witnessing high growth rates in foreign trade. With nearly all key infrastructure projects linked to the setting up of its trans-shipment terminal being close to completion, Cochin is expected to become a major hub of maritime export and import trade. Port authorities expect to handle 600,000 TEUs in the first year and an impressive 3 million TEUs by 2014.

Said Amadou Diallo, Chief Executive Officer, DHL Global Forwarding, South Asia Pacific, “With the timely introduction of this new LCL service, we can offer opportunities to our customers to increase their footprint in global commerce as the world’s economy picks up.

“This fixed direct LCL Consol service connecting Cochin to the rest of the world, has further strengthened our ocean freight product to support customers especially in the spices, palm oil and coir business sectors,” he added.

DHL recognizes LCL as being a crucial part of the total Ocean Freight product and the company is strengthening its market leading position through dedicated resources to system development and maintenance. DHL Global Forwarding is one of the leading LCL Freight Forwarders in the world with annual volumes close to 2,000,000 cbms.

Speaking on the occasion, Christoph Remund, Chief Executive Officer DHL Lemuir Logistics India, said, “The launch of this vital service is part of DHL’s on-going plans to expand its own operated, weekly guaranteed, LCL services globally. This is in line with our commitment to the Indian logistics Industry to provide value-add solutions to customers through constant product innovation and increased efficiency.”

Sanjay Tejwani, Director, Oceanfreight, DHL Global Forwarding India, added, “The launch of the new service will boost trading activities between Cochin and the rest of the world. In particular, small and medium enterprises will benefit from our service flexibility and reliability.”

The logistics industry in India is growing rapidly with a rebounding economy. The launch of the new direct LCL service demonstrates DHL’s commitment to stay a step ahead by delivering innovative logistics solutions for customers. DHL’s LCL business has been seeing positive growth and the company is confident that this will remain a priority service for customers.

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