English Arabic Armenian Azerbaijani Chinese (Simplified) Chinese (Traditional) Czech Danish Dutch Estonian Filipino Finnish French Galician Georgian German Greek Hindi Hungarian Icelandic Indonesian Italian Japanese Korean Latvian Lithuanian Malay Maltese Norwegian Persian Polish Portuguese Russian Slovak Slovenian Spanish Swedish Thai Turkish Ukrainian Vietnamese
more-disasters-but-less-moneyGENEVA: June 21, 2017. The United Nations says it needs US$23.5 billion in 2017 to provide humanitarian assistance to a record 141...
fedex-and-ups-among-best-civic-minded-u-s-companiesSEATTLE: June 21, 2017. FedEx and UPS are among the 50 most community-minded companies in the United States according to the latest...
eu-commercial-drones-by-2019-says-commissionBRUSSELS: June 16, 2017. The European Commission says commercial drones flying in a 'U-Space' under 150 meters from the ground will be...
collaboration-and-compromise-key-to-uk-trade-futurePARIS: June 15, 2017. The OECD is forecasting a 1.7 percent rise in UK GDP this year and just 1.0 percent in 2018 as uncertainty rises...
amazon-to-buy-bricks-and-mortar-grocer-for-us-13-7-billionSEATTLE: June 16, 2017. Amazon has agreed to buy Texas-based Whole Foods Market (WFM) for US$13.7 billion including debt. WFM...
amazon-to-sell-cars-in-britain-delivered-by-emirates-skycargoLONDON: June 14, 2017. Amazon is hiring automotive experts as a prelude to selling cars in the UK according to eCommerce delivery...

Danzas shapes an industry so Deutsche Post buys it

October 22, 2015: Deutsche Post DHL has produced a retrospective book called: "200 years of logistics – Danzas and DHL shape an industry."

For the many employees of Danzas who have fond memories of the company, perhaps the title should rather be: "Danzas shapes an industry so Deutsche Post buys it."

Finding himself on the losing side at the Battle of Waterloo, Lieutenant Louis Danzas gets into the shipping business and for the next 184 years his name and the company would survive two world wars, the Great Depression and numerous commercial twists and turns to produce an annual turnover of CHF6 billion by 1992.

Deutsche Post, on the hand, remained a post office for most of those decades – but one with its own bank.

Unlike the current XP Logistics' M&A strategy, in 1998/9 Danzas agreed to be purchased by a now-liberalized Deutsche Post and immediately used its owner's mountain of money to acquire ASG, part of Nedlloyd, Northern Air Freight, and finally Air Express International.

As a result, by the end of 2000, Danzas (née Deutsche Post) was producing annual revenue close to CHF12 billion and enjoying leading positions in many of its primary markets.

Fast-forward 15 years and as of H1 2015, Deutsche Post Global Forwarding, Freight (née Danzas) had revenues of €7.6 billion. The current rate of exchange puts that at around CHF8.3 billion.

Apparently it's more than size that matters. Louis probably realized that after Waterloo.

- Simon Keeble is the editor of Freightweek.

- powered by Quickchilli.com -