DHL has said it is too soon to know the impact that the collapse into administration of its client BHS will have on its operations. DHL Supply Chain is responsible for the retailer’s logistics and e-fulfilment operations, understood to be a long-term relationship around two decades in length. A spokesman for DHL said that “while discussions with the administrators are continuing, it would be premature to speculate on the long term impact of [Monday’s] announcement”. BHS was placed in administration […]
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 […]
Marks & Spencer has renewed its contract with Norbert Dentressangle for a further five years.
DHL Supply Chain has won a three-year contract to manage Hankook Tyres’ UK warehousing operation, building on a distribution contract that was signed back in 2008.