Revenue in the Express division of DPWN increased 3.1% in 2007 and, excluding negative currency effects, the division achieved organic growth of 6.4%. Shipping volumes in international and national businesses grew 4.2% in 2007. Europe revenue was up 3.8% while the Americas region revenues fell by 4.9% due to negative currency effects.
Measured in local currencies, organic revenue grew 2.9%. In the US, says DPWN, revenue was little changed as performance improvements in the ground and international products were offset by the decline in domestic air business. This was especially true in the second half of the year.
Revenue in the Asia Pacific region was up 5.4%.
The logistics group reported revenue increased 5.5% to €25.7 billion ($40 billion), organic growth of 9.1%.
DHL Exel Supply Chain revenue was up 9.2%, boosted by a contract with the UK National Health Service and higher operational revenue in all regions. “The unit generated new business of around €1 billion ($1.559 billion) in annualized revenue last year,” said DPWN.
In early March, the corporate logistics division was separated into two operating divisions. One unit is comprised of the business units Supply Chain and Corporate Information Solutions. The other division is made up of the Freight and global Forwarding business units.