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Magna Announces Agreement to Sell Interiors Operations

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AURORA, Ontario, April 16, 2015 /PRNewswire/ — Magna International Inc. (TSX: MG, NYSE: MGA) today announced that it has signed an agreement to sell substantially all of its interiors operations to Grupo Antolin, a leading global supplier of automotive interior systems. The purchase price for the operations, excluding certain assets, is approximately $525 million, subject to customary closing adjustments for the value of net working capital and net debt at closing.

The transaction includes 36 manufacturing operations and approximately 12,000 employees located in Europe, North America and Asia. Full year 2014 total sales for the operations included in the agreement were approximately $2.4 billion. Magna’s seating business is not included in this transaction.

Don Walker, Magna’s Chief Executive Officer commented: “This transaction is consistent with our strategy of refining our product portfolio to focus on certain key areas of the vehicle. In addition, we are very pleased to have reached an agreement with an established company that we believe will be well-positioned globally in the interiors business. We are confident that Grupo Antolin will continue to serve our interiors customers and provide to our interiors employees a solid foundation for the future.”

The transaction is expected to close in the third quarter of 2015, subject to a number of customary conditions, including antitrust approvals.

ABOUT MAGNA

We are a leading global automotive supplier with 313 manufacturing operations and 84 product development, engineering and sales centres in 28 countries. We have approximately 131,000 employees focused on delivering superior value to our customers through innovative processes and World Class Manufacturing. Our product capabilities include producing body, chassis, interior, exterior, seating, powertrain, electronic, vision, closure and roof systems and modules, as well as complete vehicle engineering and contract manufacturing. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit our website at http://www.magna.com.

FORWARD LOOKING STATEMENTS

This press release contains statements that constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities legislation, including, but not limited to, statements relating to the strategic benefits expected to result from the transaction. The forward-looking information in this document is presented for the purpose of providing information about management’s current expectations and plans and such information may not be appropriate for other purposes. Forward-looking statements may include financial and other projections, as well as statements regarding our future plans, objectives or economic performance, or the assumptions underlying any of the foregoing, and other statements that are not recitations of historical fact. We use words such as “may”, “would”, “could”, “should”, “will”, “likely”, “expect”, “anticipate”, “believe”, “intend”, “plan”, “forecast”, “outlook”, “project”, “estimate” and similar expressions suggesting future outcomes or events to identify forward-looking statements. Any such forward-looking statements are based on information currently available to us, and are based on assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate in the circumstances. However, whether actual results and developments will conform with our expectations and predictions is subject to a number of risks, assumptions and uncertainties, many of which are beyond our control, and the effects of which can be difficult to predict, including, without limitation: the consummation of the transaction, including required antitrust and other regulatory approvals; the satisfaction or waiver of conditions to complete the transaction; warranty or indemnity obligations to the purchaser in relation to pre-closing liabilities; and other factors set out in our Annual Information Form filed with securities commissions in Canada and our annual report on Form 40-F filed with the United States Securities and Exchange Commission, and subsequent filings. In evaluating forward looking statements, we caution readers not to place undue reliance on any forward-looking statements and readers should specifically consider the various factors which could cause actual events or results to differ materially from those indicated by such forward-looking statements. Unless otherwise required by applicable securities laws, we do not intend, nor do we undertake any obligation, to update or revise any forward-looking statements to reflect subsequent information, events, results or circumstances or otherwise.

CONTACT: Vince Galifi, Executive Vice-President and Chief Financial Officer at +1-905-726-7100; or Louis Tonelli, Vice-President, Investor Relations at +1-905-726-7035.

Source: Magna International Inc.

Written by asiafreshnews

April 17, 2015 at 12:33 pm

Enterprise Holdings and Redspot Join Forces in Australia & New Zealand

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ST. LOUIS, March 24, 2015 /PRNewswire/ — Enterprise Holdings – the largest car rental company in the world – has appointed Redspot, Australia’s largest family-owned car rental company, as its franchise partner in Australia and New Zealand.

“We see tremendous opportunity in Australia, where the addition of a new player that’s truly focused on customer service will create healthy competition for customer loyalty,” said Peter A. Smith, Vice President of Global Franchising for Enterprise Holdings, which owns and operates the National Car Rental, Alamo Rent A Car and Enterprise Rent-A-Car brands.

Enterprise Holdings, through its regional subsidiaries, operates the largest fleet of vehicles in the world – approximately 1.5 million – and a global network of more than 8,600 neighborhood and airport locations in more than 70 countries. Its Enterprise, National and Alamo brands will become operational later this year through the Redspot network at all major Australian airports, including the international gateways of Sydney, Melbourne, Brisbane and Perth, as well as in key city centers. New Zealand operations will come online in 2016.

Enterprise Holdings and Redspot will launch an aggressive development plan for both markets in order to meet the total transportation needs of domestic and international renters.

“This expansion is the latest milestone in our Asia-Pacific growth strategy,” Smith noted. “We’re careful to choose franchise partners like Redspot who not only have a history of success, but also share our values and commitment to customer service.”

Founded in 1989, Redspot is a leader and innovator in Australia’s car rental industry. “This partnership is a natural fit for us,” said Dan Mekler, Managing Director and founder of Redspot. “Both Enterprise Holdings and Redspot started from a single location, fueled by an entrepreneurial spirit and an unwavering focus on meeting customer needs. Together, we’ll continue to put travelers first, no matter what their destination is.”

This relationship marks Enterprise Holdings’ entry into the Australian and New Zealand markets. Enterprise Holdings ranks near the top of the travel industry, ahead of many airlines and most cruise lines, hotels, tour operators and online travel agencies. The company’s long-term expansion strategy is focused on building a global network that delivers value, choice and outstanding customer service to business and leisure travelers.

For more information on Enterprise Holdings, visit http://www.enterpriseholdings.com.

About Enterprise Holdings
Enterprise Holdings – the largest car rental company in the world as measured by revenue, fleet and employees – operates a global network of more than 8,600 neighborhood and airport locations under the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands. In addition, Enterprise Holdings and its affiliate Enterprise Fleet Management together offer a total transportation solution, including extensive car rental and car-sharing services, commercial truck rental, corporate fleet management and retail car sales. Combined, these businesses accounted for $17.8 billion in revenue, employed 83,000 and operated 1.5 million vehicles throughout the world in fiscal year 2014.

Enterprise Holdings currently is ranked as one of America’s Largest Private Companies. Furthermore, if it were publicly traded, Enterprise Holdings would rank on Fortune’s list of the 500 largest American public companies. Enterprise Holdings, through its regional subsidiaries, operates more than 6,000 fully staffed offices in the U.S. – almost 70 percent more than its nearest competitor – and all located within 15 miles of 90 percent of the U.S. population. In addition, Enterprise Holdings not only accounts for the largest airport market share in the U.S., but its domestic rental fleet also is one of the newest in the industry. The company’s affiliate, Enterprise Fleet Management, provides full-service fleet management to companies and organizations with medium-sized fleets. Other transportation services marketed under the Enterprise brand name include Enterprise CarShare, Enterprise Rideshare, Enterprise Car Sales, Enterprise Truck Rental and Zimride by Enterprise. For more information about Enterprise Holdings, visit http://www.enterpriseholdings.com.

About Redspot
Redspot is a wholly Australian, privately owned and managed car rental company, which operates a network of on-airport and downtown locations across Australia. Redspot is known for its Top Dog all-inclusive car rental rate, friendly efficient service and quality fleet. For more information about Redspot, visit http://www.redspot.com.au

This press release and car rental industry news are available in the Enterprise Holdings Press Room.

Logo – http://photos.prnewswire.com/prnh/20130730/MM55552LOGO-a

Source: Enterprise Holdings
Related Links:
http://www.enterpriseholdings.com

Written by asiafreshnews

March 25, 2015 at 5:19 pm

Law Firm Gurol Law Firm Announces Lawsuit Against Land Rover Set for 17 September in Turkey

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March 13, 2015 /PRNewswire/ —

Law firm Gurol Law Firm, acting on behalf of their client Engin Yakut, a Turkish lawyer and businessman, have announced today that a trial against Land Rover has been set for 17 September 2015 in Istanbul.

The Turkish courts have sent this legal notification to the Turkish Foreign Ministry, which in turn has notified its embassy in London as Land Rover is a UK-based company.

Engin Yakut is being represented by the lawyer Candas Gurol of Gurol Law Firm. In addition to lodging his complaint with the courts, he has also taken his case to the European Union, the European Commission, the Directive of Consumer Rights of the European Commission, and the European Organisation for Quality.

If Engin Yakut wins this case, he will have the right to file a “recognition and enforcement” lawsuit for recalling all the engines worldwide.

Engin Yakut has been campaigning for a trial since February 2012 and a date has finally been set for 17 September in Istanbul.

Source: Gurol Law Firm

Written by asiafreshnews

March 16, 2015 at 10:39 am

Two Successful World Premieres at the Geneva International Motor Show: QUANT F and QUANTiNO Impress Visitors at the Show “This Geneva Motor Show Is Going to Be QUANTastic!”

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PRNewswire/ — nanoFlowcell AG opens its presentation at the Geneva International Motor Show with two world premieres. Nunzio La Vecchia, Chief Technical Officer of nanoFlowcell AG, unveiled the two latest models featuring nanoFlowcell® technology at the Geneva International Motor Show: the QUANT F and its little brother QUANTiNO, the first QUANT low-voltage vehicle in the world. “We see the flow-cell technology as the most promising technology with the greatest potential for the future of sustainable electromobility without harmful emissions. It offers an enormous range as well as exceptional performance. For us it represents the best alternative to battery-powered or fuel cell-powered electric vehicles. The flow-cell drive system eliminates many of the disadvantages inherent in existing drive systems and it is also more cost-effective. In our view, the flow cell is the future of electromobility,” said Nunzio La Vecchia after the two world premieres presented by nanoFlowcell AG.

(Photo: http://photos.prnewswire.com/prnh/20150303/732230-a)
(Photo: http://photos.prnewswire.com/prnh/20150303/732230-b)
(Photo: http://photos.prnewswire.com/prnh/20150303/732230-c)

The new QUANT F is an impressive demonstration of the fact that enormous performance and environmental sustainability do not have to be mutually exclusive in the automotive field: a complete re-design of its predecessor QUANT E, the electric vehicle equipped with nanoFlowcell® technology can reach speeds of more than 300 km/h – full electric and without harmful emissions, it has a range of up to 800 km. With its new 2-speed automatic transmission, the 5.25-metre e-sports sedan weighing in at 2.3 tonnes and capable of carrying four people can accelerate from 0 to 100 km/h in only 2.8 seconds.

But it was not only the QUANT F that attracted a lot of attention at the world premiere at the Geneva International Motor Show.

With the new QUANTiNO, nanoFlowcell AG also unveiled the world’s first QUANT low-voltage vehicle as a concept car. Operating on a rated voltage of only 48 V, the QUANTiNO generates an output of four times 25 kW/136 hp with a combination of nanoFlowcell®, buffer system and electric motors. The QUANTiNO has a top speed of more than 200 km/h and a range of over 1,000 km. A 2+2 seater with a length of 3.91 metres, the car impresses with its unique design. One stand-out detail: the 22-inch wheels, which the QUANTiNO inherited from its big brothers QUANT E and QUANT F.

With its two 175-litre tanks, the QUANTiNO has a total capacity of 350 litres of ionic liquids, one carrying a positive charge, the other a negative charge. The refuelling process is similar to how it is done today, with the difference that two tanks are filled with different liquids simultaneously.

“As the first QUANT low-voltage vehicle, the QUANTiNO’s range of over 1,000 km is quite ground-breaking. Low-voltage systems are the ideal complement to our nanoFlowcell®. With a rated voltage of only 48 volts and the large currents that the nanoFlowcell® can deliver in combination with the buffer system, we are achieving an enormous range and exceptional performance figures in fully electric operation. As an electric vehicle for the public at large, the QUANTiNO represents a relatively cost-effective concept with great potential for the future. A first prototype is set to take to the road as early as 2015. We are also aiming for rapid homologation in preparation for series production,” added La Vecchia.

“This year’s Geneva Motor Show is going to be QUANTastic,” enthuses Professor Jens Ellermann, President of the Board of Directors of nanoFlowcell AG, who is elated with the positive response the world premieres of the QUANT F and the QUANTiNO have elicited among visitors at the motor show.

“In our view, the future of electromobility is clearly the flow cell. Anyone dealing with the future of electromobility and sustainable drive technologies professionally will no longer be able to ignore the topic of the flow cell,” added Professor Jens Ellermann.

The company nanoFlowcell AG will also be expanding its activities based on the flow cell. “The potential applications for the nanoFlowcell® cover a very diverse range, and not only in the automotive sector. For this reason, we have extended our research and development activities into other fields and industry sectors. The flow cell technology is also of interest for sectors like aerospace, railways and shipping, road haulage and housing construction and building services. Initial talks exploring opportunities for cooperative ventures with leading international companies in these sectors are already under way,” emphasised Nunzio La Vecchia.

“In an effort to continue to drive the growth and the development opportunities associated with the nanoFlowcell®, we are currently thinking about a diverse range of strategic options, including a possible IPO. The first promising talks are already taking place,” said Nunzio La Vecchia in commenting about the development opportunities and plans for nanoFlowcell AG.

“With these new QUANT models, we are ushering in a new generation of electromobility. And yet, the scope of the nanoFlowcell® is much bigger. To recognise this and advance it systematically is the job ahead of us for the coming months and years,” said Prof. Ellermann.

Information for the media

You can find additional media information as well as photographic materials on the internet, in the nanoFlowcell AG Media Center at http://mediacenter.nanoflowcell.com. The latest videos about the two world premieres of the QUANT F and the QUANTiNO will be available for download free of charge from 3 March 2015 at http://www.news2use.tv/.

– Cross reference: Picture is available at epa european pressphoto agency (http://www.epa.eu) and http://www.presseportal.de/pm/112223/

Please feel free to contact the nanoFlowcell AG press team to request interviews at the 2015 Geneva International Motor Show and with any general queries or enquiries:

CONTACT: Press Office nanoFlowcell AG
Volker Pulskamp-Bocking
c/o HERING SCHUPPENER
Mainzer Landstrasse 41, 60329 Frankfurt/Main, Germany
P: +49(0)69-92-18-74-28,
M:+49(0)173-70-161-30
presse@nanoflowcell.com
http://www.nanoflowcell.com
https://www.facebook.com/nanoflowcell
https://twitter.com/nanoflowcell

Source: nanoFLOWCELL AG

Written by asiafreshnews

March 4, 2015 at 2:22 pm

The Return of Borgward

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PRNewswire/ —

Today, the legendary German manufacturer Borgward announces its return to the circle of internationally renowned car makers.
In front of a global media audience, Borgward present their exciting plans for the future on the first press day of the 85th Geneva International Motor Show.
The newly formed organisation will establish its global headquarters in Stuttgart, Germany.
A full range of innovative new Borgward cars will be launched in the years to come with the first model due to be unveiled at the 2015 International Motor Show Cars (IAA) in Frankfurt.
Based on the company’s historical commitment to technological innovation, a special emphasis will be put on e-mobility and the Borgward Multiple Interaction model.
– Cross reference: Picture is available at epa european pressphoto agency (http://www.epa.eu) and http://www.presseportal.de/pm/115998/

In its heyday, it employed 23,000 people. More than one million vehicles rolled off its production lines. Now, after a hiatus lasting more than half a century, one of the most revered names in the German car industry, Borgward, is back.

(Photo: http://photos.prnewswire.com/prnh/20150303/732302-a )
(Photo: http://photos.prnewswire.com/prnh/20150303/732302-b )
(Photo: http://photos.prnewswire.com/prnh/20150303/732302-c )

It’s an unprecedented event in automotive history and represents the culmination of more than a decade’s worth of groundwork by Christian Borgward, grandson of the legendary company founder Carl Friedrich Wilhelm Borgward, and the industrial Executive Karlheinz L. Knöss. “Inspired by my grandfather’s example, we believe that, given the will to succeed, you can achieve anything,” Christian Borgward says, as he presents his 21st century vision for this most remarkable of car companies. “We are rolling out Borgward cars that are worthy of the name because they are luxurious, inventive, and bold. Just like those of my grandfather.”

Source: BORGWARD AG

Written by asiafreshnews

March 4, 2015 at 1:01 pm

DHL Supply Chain to Invest EUR 218m In Logistics Infrastructure In China

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— Latest facility recently opened in Chengdu to support growth in Western region
— 6 additional state-of-the-art logistics facilities to be constructed by 2020
— A key element to DHL Supply Chain’s growth plans in Asia-Pacific

SHANGHAI, Nov. 20, 2014 /PRNewswire/ — DHL Supply Chain (DSC), the world largest contract logistics provider, today announced it will commit a further EUR 113 million (RMB 0.86 billion) in China as its strategy gains traction. This is on the back ofEUR 105 million (RMB 0.8 billion) that was committed in 2013, bringing the total committed to EUR 218 million (RMB 1.6 billion). The funds will support the expansion of its network across China and in particular, six additional state-of-the-art logistics facilities scheduled for completion by 2020. The confirmed locations are Guangzhou, Hangzhou,Wuhan, Shenyang, Shenzhen and Shanghai Waigaoqiao Free Trade Zone.

Oscar de Bok, Chief Executive Officer of DHL Supply Chain Asia Pacific, said: “DHL Supply Chain is on a strong growth path in Asia Pacific. China is a key driver and our strategy is gaining traction. Regardless of location, our customers expect consistency of service delivery and operation execution. By working closely with our customers who provide us with their demand forecast, we have a clear roadmap of the locations we need to be in; as well as the level of the services required. In China alone, DSC will expand its warehouse facilities and transport capacities by 50% over the next three years.”

DSC recently opened its state-of-the art Chengdu Logistics Centre facility in western China. Located in Xindu district, the Chengdu Logistics Centre is a key strategic investment by DHL Supply Chain to support continued economic growth in the western region. The 54,000 sqm center operates scalable, repeatable solutions for multiple customers across a broad spectrum of industries including technology, consumer and healthcare; and delivers significant synergy benefits in terms of cost, quality and performance. The new facility also acts as a multi-user cross-dock to support the effective and efficient transportation of products across the Western region.

Zou Yin, Managing Director of DHL Supply Chain China said, “Helping companies navigate China’s vast geography and varied terrain to deliver their goods safely, efficiently and cost effectively has been the holy grail of the logistics industry. With the continued build out of our pan-China infrastructure, technology investments and extensive transport network, DHL Supply Chain is better positioned to contribute towards China’s goal of reducing the cost of logistics and reinforce the competitiveness of Chinese businesses. This also enables us service our multinational and Chinese customer better”

New facilities have been introduced in the Tier 1 cities of Beijing, Shanghai, Guangzhou and Shenzhen, while the roll-out of DHL Supply Chain cross-docks has been accelerated across China to allow the transfer of cargo with minimal warehousing.

The world is witnessing the nascent trend of Chinese companies going global. For many, a major challenge in the globalization of their business operations is the creation of a truly lean global supply chain. DSC understands the extent of development required in Asia Pacific to support a lean global supply chain and has invested 500m Euros(RMB 3.8 billion) in the region over the last two years. This year alone, DSC added 12 new facilities, equivalent to 436,000 sqm of warehousing space and a further five more amounting to an additional 110,000sqm are planned to open in 2015.

Mr de Bok added: “Our global scale combined with our experience across all industry sectors, have enabled us to develop successful supply chain solutions for customers of all sizes, including many of the world’s leading brands and corporations. Here in the Asia Pacific, India, Indonesia, Thailand and China will drive our growth, supported by demand in the established markets of Australia and Japan. We work closely with all our customers to create sustainable competitive advantage for their businesses and we will continue to partner our Chinese customers supporting their growth and expansion by growing business globally.”

-END-

DHL – The Logistics company for the world

DHL is the global market leader in the logistics industry and “The Logistics Company for the world”. DHL commits its expertise in international express, air and ocean freight, road and rail transportation, contract logistics and international mail services to its customers. A global network composed of more than 220 countries and territories and about 285,000 employees worldwide offers customers superior service quality and local knowledge to satisfy their supply chain requirements. DHL accepts its social responsibility by supporting environmental protection, disaster management and education.

DHL is part of Deutsche Post DHL. The Group generated revenue of more than 55 billion Euros (RMB 420 billion) in 2013.

Logo – http://www.prnasia.com/sa/2010/09/02/20100902467742-l.jpg

Source: DHL

Written by asiafreshnews

November 24, 2014 at 12:44 pm

DHL Bags Inaugural Global Express Provider of the Year — Industry Choice Award

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— Also voted Global Express Provider of the Year — Customer Choice award for third consecutive year
— Lauded for commitment to customers and sustainability in the region

SINGAPORE, Nov. 5, 2014 /PRNewswire/ — DHL Express, the world’s leading cross-border express services provider, has been awarded the prestigious Global Express Provider of the Year — Customer Choice by Payload Asia magazine for the third year running. DHL also took home the same accolade for the magazine’s inaugural Industry Choice Awards.

The Customer Choice Awards saw customers and readers voting for their top-choice service providers while the winners of the Industry Choice Awards were determined by a senior level panel drawn from across the industry. DHL won on both fronts for its dedication to a customer-centric mindset, operational excellence, continuous innovation, commitment to building a sustainable future, and driving robust business growth in 2013.

“To receive affirmation from both our customers and industry experts is validation of our unwavering efforts for theAsia Pacific markets. In 2013, we achieved strong business growth in this region, generating revenues of EUR4.3 billion, led by an 8.3% increase in total shipments and an 8.8% increase in Time Definite International shipments over 2012. We have also been investing heavily in infrastructure and customer-centric initiatives to enhance our network and improve service quality, all reinforcing our market leadership in Asia Pacific. In fact, our market share in the region now stands at 40%[1],” said Jerry Hsu, CEO, DHL Express Asia Pacific.

The Global Express Provider of the Year winners for both the Customer Choice and Industry Awards are selected based on a set of criteria evaluating strength of customer and business growth, operational performance, development strategy as well as customer and product innovation. DHL’s dual wins signify a clear vote of confidence from the market that it excels in all the requirements customers are looking for in a preferred express provider and trade partner. DHL serves more than 40 countries and territories in the region.

Building network capabilities

A multitude of network enhancements was rolled out in 2013. The first was an introduction of a new wide-bodied freighter flight connecting the growth economies of Taipei, Taiwan; Incheon, Korea; and Nagoya, Japan, offering customers more shipment capacity. A second enhancement saw DHL double the frequency of its wide-bodied freighter connections to Australia from two to four days per week. By optimizing its intercontinental network and routing shipments via Japan, it was able to reinforce its daily US-Australia connection, while at the same time offer additional and strategically timed daily capacity from key North Asian markets into Australia. Lastly, DHL also invested EUR22.5 million to replace its existing fleet with newer and greener vehicles, to boost handling capacity and overall efficiency.

A greater focus on the customer

To deliver a consistent and holistic customer service experience, the DHL Global Contact Centre system was upgraded, ensuring 90% of all customer calls are picked up within 10 seconds. Through new innovative quality monitoring capabilities, service rendered by each call agent can now be evaluated, enabling continuous improvement and sharing of best practices. Results have been encouraging with the DHL Customer Service team bagging a total of 58 awards across Asia Pacific for 2013.

DHL Express’ dedication to its customers is underpinned by its Insanely Customer Centric Culture (ICCC) — a mindset and way of life that all DHL employees, customer-facing or not, are encouraged to embrace. ICCC is DHL’s way of unifying its employees to work as one to put customers at the center of everything they do; by talking to them, listening to and taking action on their feedback, and ultimately making them successful.

Keeping an eye on the environment

Sustainability is an integral component of DHL’s corporate strategy and “Living Responsibility” motto. The DHL GoGreen programs and services have helped DHL customers offset a total of 7.1 million kilograms of carbon emissions in Asia Pacific. Internally, DHL Express improved carbon efficiency in the region by 6%, with a key contributor being China, including the North Asia Hub, whose consolidated efficiency measures saw an improvement of 17% in carbon impact in 2013.

Focusing on its customers, enhancing its network and contributing to a sustainable business environment are all part of DHL’s corporate strategy to achieve its goal of becoming the first choice express logistics provider for customers all around the world.

– End –

DHL — The Logistics company for the world

DHL is the global market leader in the logistics industry and “The Logistics Company for the world”. DHL commits its expertise in international express, air and ocean freight, road and rail transportation, contract logistics and international mail services to its customers. A global network composed of more than 220 countries and territories and about 285,000 employees worldwide offers customers superior service quality and local knowledge to satisfy their supply chain requirements. DHL accepts its social responsibility by supporting environmental protection, disaster management and education.

DHL is part of Deutsche Post DHL. The Group generated revenue of more than 55 billion Euros in 2013.

(L-R): Ramesh Natarajan, DHL Express Singapore courier** and Sean Wall, EVP, Network Operations & Aviation, DHL Asia Pacific at the Payload Asia Awards 2014.
(L-R): Ramesh Natarajan, DHL Express Singapore courier** and Sean Wall, EVP, Network Operations & Aviation, DHL Asia Pacific at the Payload Asia Awards 2014.

** Notes:

Ramesh Natarajan is a DHL Express Singapore courier who exemplifies DHL’s values: Can-do spirit, Speed andPassion.

Ramesh displayed all these traits and more in July 2014 when he helped put out a fire in a private home. He noticed flames coming from an outdoor kitchen along his route and instinctively jumped the fence to help the occupants put out the fire, all while calling out to bystanders to alert the fire department.

DHL Express Singapore is extremely proud of Ramesh’s heroic actions. He was invited to the Payload Asia Awards 2014 to stand alongside Sean Wall, EVP, Network Operations & Aviation, DHL Asia Pacific, to receive the awards.

http://www.dhl.com/en/press.html

Photo – http://photos.prnasia.com/prnh/20141103/8521406331
Logo –
http://www.prnasia.com/sa/2010/09/02/20100902467742-l.jpg

Source: DHL

Written by asiafreshnews

November 6, 2014 at 10:55 am