Deutsche Post DHL has been hit with a tax bill for more than half a billion euros, after a ruling by German financial authorities. DHL will need to make an additional €516m VAT payment after a review of how it handled tax relating to postal services. The period investigated ran from 1998 until July 2010, when the law governing VAT and postal services was revised. In a statement DHL says: “A large part of the additional payment amount relates to […]
DHL Supply Chain has won a six-year contract extension, worth some £75m, with BP’s UK Convenience Retail business. Under the contract, DHL will provide warehousing and distribution services to BP’s 350 company-owned forecourts across the UK, handling 19 million cases per year of 1,400 product lines. DHL also provides frontline support on order and delivery queries for BP’s company owned stores. DHL has been working on the contract for eight years, and the new deal extends the relationship until 2018. […]
Marks & Spencer now believes three rather than four DCs will serve its future needs, as it continues the transformation of its supply chain to match consumers’ changing shopping patterns.
DHL Express is to increase its prices to UK clients by an average of 4.9% next year as it looks to offset rising costs. The company said that the rate rise – which will hit customers throughout the world was due to external costs that are out of its direct control and cannot be compensated through productivity improvements or economies of scale. DHL cites research by AT Kearney from November 2011 which states that volumes for the European courier, express, […]