DHL now focussing on China
China is set to become DHL’s largest market in the world in terms of express service volume after the company moves out of the United State.
This announcement followed DHL’s decision to end its services in the US domestic market.
The company has about 34% of China’s express service market, ahead of rivals FedEx and UPS.
Since the Belgium-based logistics giant set up the joint venture in
China in 1986, it has invested $1.3 billion in the mainland,
Hong Kong and Taiwan, accounting for 59% of its total investment in Asia.
Source: CargoNews Asia