Latest news with #DHL
NZ Herald
an hour ago
- Business
- NZ Herald
Saf to the future: Boeing says new jet fuel could add $1.3b to Kiwi economy, DHL says sustainable fuel critical to future trade
'With that scale, it generates a heck of a lot of carbon emissions, so that air network is responsible for 90% of DHL Express's carbon emissions.' Aviation produced more than 60% of the DHL group's total emissions. Cobb said DHL wanted the most fuel-efficient aircraft and had bought more than two dozen Boeing 777-200s. 'We pick up number 27 and number 28 over the next couple of months to complete that order.' But even then, challenges remained. DHL had training programmes to ensure planes were flown efficiently and that fuel use was optimised. He said Saf comprised 3.5% of total jet fuel used by DHL Express last year, and the company bought 7.3% of all Saf produced worldwide. 'When you look at the industry, we're a major user of sustainable fuel around the world. 'We're well on our way to achieve our mid-term objective, which is to have 30% usage of sustainable fuels by 2030.' Cobb, visiting Auckland from the company's global headquarters in Bonn, Germany, said most Saf producers with which DHL worked were in Europe, the UK and the US. But would the logistics giant work with a New Zealand sustainable fuel producer? 'We recently announced a deal in Japan as well as one in Singapore. 'So we're eager for New Zealand and Australia to come online,' Cobb said. Mark Foy, DHL New Zealand and Pacific managing director, said: 'The first challenge here is to get production up and running in New Zealand and or Australia for us to then be able to acquire from that producer.' Two years ago, the company launched Go Green Plus, which allowed its customers to buy Saf and offset their Scope 3 emissions. Scope 3 relates to emissions from a company's value chain. DHL says fuel efficiency is a major reason it ordered so many Boeing 777-200s, similar to this Air New Zealand plane. Photo / Brett Phibbs Foy said about 3000 customers had already decided to use Go Green Plus, indicating demand for Saf not just in aviation, but among a wide variety of DHL customers. Go Green Plus was launched after collaborations with BP and Finnish oil refiner Neste to supply sustainable fuel derived from waste oil to DHL Express hubs. Cobb said DHL aimed to lock in multi-year deals for buying Saf. Last year, it bought more than €100 million ($196m) of sustainable aviation fuel. Countries within the International Civil Aviation Organisation had committed to a net-zero aviation target by 2050. The International Air Transport Association (Iata) had also committed to that goal. But Iata has voiced disappointment at the slow growth in Saf, which it said accounted for 0.3% of global jet fuel production last year. 'There is an upfront capital investment that is required, whether they're building a greenfield manufacturing plant or doing a conversion of an existing jet fuel plant,' Foy said. 'That capital intensity upfront is a limitation. Where governments can support that is [by] allocating money for those infrastructure investment projects.' He said big fuel manufacturers followed incentives for converting to Saf. Boeing vision Boeing said New Zealand-made sustainable aviation fuel could spawn a lucrative local industry and create thousands of jobs in the next 25 years. The aircraft manufacturer said a study by California-based Cyan Ventures found New Zealand could use agricultural and forestry waste, animal fats, vegetable oils and municipal solid waste to greatly improve fuel security. It said the Cyan study, which it supported, found domestic production of Saf could meet 30% of New Zealand's jet fuel needs by 2050, generate 5700 jobs and improve fuel security. 'Given aviation's a global industry, it's a global challenge and we've got different jurisdictions moving at different paces when it comes to developing Saf policy and renewable fuels policy more broadly,' Dr Kimberly Camrass, Boeing's Asia-Pacific acting regional sustainability lead, told the Herald. She said New Zealand needed robust policy on Saf, and a successful industry needed strong supply chains to connect feedstocks, suppliers and infrastructure. 'From a Boeing perspective, we see aviation decarbonisation as a team sport. 'The whole of the aviation sector needs to come together to address the issues across those supply chains to make this feasible. 'We'd see Boeing having a role in working with universities, working with airlines, and as appropriate working with governments to make sure the data exists to make evidence-based policy.' Waste feedstocks could be used not only for Saf but for renewable diesel and other fuels. Diverting waste from landfills and turning it into a resource would have economic benefits, she said. 'New Zealand is well-placed, particularly when we look at forestry, residual waste, even municipal solid waste.' She said farmers and the broader agricultural sector could in future export feedstocks - raw materials used in industrial production. The Boeing-Cyan study found New Zealand could potentially safeguard $4.1 billion in tourism revenue and almost $200 million in trade revenue to 2050, which could otherwise be at risk from climate-conscious consumers and businesses. Camrass said New Zealand's reliance on imported jet fuel also highlighted the need for a domestic Saf supply. In December 2023, airlines were told to ration jet fuel at Wellington in the fourth case of a bad batch of aviation fuel in New Zealand within a year. The Cyan study said national jet fuel use was expected to grow by more than 90% by 2050 to meet travel and trade needs. 'Not having Saf in New Zealand is a risk given the reputation and positioning of the country as an eco-friendly destination, especially given that other countries are decarbonising aviation faster,' it said. 'Saf will increasingly become the 'new normal' for airline passengers.' Camrass added: 'Overall, there's a clear case to act now, and a clear set of potential steps.' Among the steps cited in the study was creating strong demand and investment signals for Saf at least two years in advance. It said a definition of acceptable feedstocks and certification standards was needed, and innovators needed incentives or support to help propel 'first-of-a-kind projects'. 'The opportunity to secure New Zealand's long-term aviation fuel supply, boost economic growth and help meet ambitious climate goals through Saf is compelling.' Electric and hydrogen planes Cobb said DHL was keenly watching innovation in electric and other propulsion technologies. It already had a partnership with Eviation on the 'Alice' e-cargo plane, which was intended for feeder routes and could be charged during loading and unloading operations. Some other potential e-plane projects were being considered, but Cobb said that technology would likely be for smaller aircraft or short routes. 'You think about the weight of a battery required in order to propel a small turboprop aircraft for 150km even, it's a pretty significant weight ... so that limits the payload that's available to carry for our cargo.' For bigger aircraft and longer routes, hydrogen-powered planes could be more realistic in the long term. Boeing's Aurora Flight Sciences is developing a small uncrewed aircraft powered by hydrogen fuel cells. And Airbus has the ZEROe project, developing aircraft with electric propeller propulsion systems powered by hydrogen fuel cells, which transform hydrogen into electricity through chemical reaction. 'We're certainly following that development closely as well.'
BBC News
11 hours ago
- Business
- BBC News
Inquiry starts into 'gold rush' of Thrapston warehousing
Campaigners have told a public inquiry that a planned logistics hub would be a "gold rush" for developers, but a "monstrosity" for residents.A planning inspector will make a decision on the proposal for Castle Manor Farm in Thrapston, Northamptonshire, after the local council took too long to inquiry at Kettering Leisure Village began on Tuesday and is expected to take 10 developer said there was an unmet need for logistics facilities in the area. The proposal involves building 200,000 sq m (239,198 sq yards) of warehousing at the farm, next to Haldens Parkway and the inquiry was told logistics firm DHL had already signed up as a tenant in the first Equites Newlands appealed after three years passed without North Northamptonshire Council making a decision on the council said last month it would have rejected the proposal, but the decision was now out of its hands. James Hakewill, an independent councillor on the Reform UK-led authority, told the inquiry: "We don't see it as a 'golden triangle' for logistics; we see it as a golden opportunity to make money out of our countryside."We should reject this gold rush of warehousing coming upon us and disrupting our local landscape."Titchmarsh parish councillor Sylvia Prestwich said: "It is many times bigger than the residential village of Titchmarsh itself."I can imagine it will feel like living in the shadow of a huge, overpowering and overburdening monstrosity." The barrister representing North Northamptonshire Council, Gary Grant, said there were "serious conflicts" between the plans and its Joint Core Strategy, as the land was not allocated for this kind of Warren KC, representing Equites Newlands, said there was an unmet need for logistics facilities along the added that the council's key policies were out of date and the proposal was in line with the government's ambition to grow the economy, creating about 2,700 jobs. The Local Democracy Reporting Service said three more developers that supported logistics infrastructure in the area were being represented at the Stinchcombe KC, representing the Staunch campaign group, said there was "no urgent need for this sensitive countryside site to be sacrificed for this development".The inquiry continues. Follow Northamptonshire news on BBC Sounds, Facebook, Instagram and X.
Yahoo
a day ago
- Automotive
- Yahoo
Yamaha Motor Manufacturing enlists 3PL to manage distribution operations
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. Yamaha Motor Manufacturing Corporation of America will transition its internal distribution operations to DHL Supply Chain, tentatively on Oct. 5, according to a July 15 press release. YMMC expects the strategic partnership to allow it to expand capacity, improve logistics transparency and speed up delivery to customers, the release said. The company does not expect the transition to disrupt customers' current service levels. "By enhancing our internal logistics capabilities, we're able to focus even more on our core strength — world-class manufacturing and creating Kando for our customers," Bob Brown, YMMC president and CEO, said in the release. Creating Kando, a Japanese word meaning deep satisfaction and excitement, is a pillar of Yamaha's corporate philosophy. YMMC will transition about 175 team members to DHL Supply Chain as part of the deal and continue supporting distribution operations, the company said. The workers will remain on-site at YMMC. The switch to DHL Supply Chain reflects YMMC's long-term strategy to build a more responsive and scalable supply chain, the manufacturer said. DHL's on-site support and logistics expertise position YMMC to strengthen reliability and increase flexibility, per the release. The YMMC partnership comes as DHL Supply Chain expands its operations. The company acquired Inmar Supply Chain Solutions in January, adding 14 return centers and about 800 associates. Recommended Reading DHL Supply Chain experiments with GenAI
Yahoo
3 days ago
- Business
- Yahoo
Deutsche Post's (ETR:DHL) investors will be pleased with their decent 43% return over the last five years
If you buy and hold a stock for many years, you'd hope to be making a profit. Better yet, you'd like to see the share price move up more than the market average. But Deutsche Post AG (ETR:DHL) has fallen short of that second goal, with a share price rise of 12% over five years, which is below the market return. However, if you include the dividends then the return is market beating. Unfortunately the share price is down 3.9% in the last year. Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. During five years of share price growth, Deutsche Post achieved compound earnings per share (EPS) growth of 11% per year. This EPS growth is higher than the 2% average annual increase in the share price. So one could conclude that the broader market has become more cautious towards the stock. The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image). This free interactive report on Deutsche Post's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further. What About Dividends? When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, Deutsche Post's TSR for the last 5 years was 43%, which exceeds the share price return mentioned earlier. The dividends paid by the company have thusly boosted the total shareholder return. A Different Perspective Deutsche Post shareholders gained a total return of 1.0% during the year. Unfortunately this falls short of the market return. On the bright side, the longer term returns (running at about 7% a year, over half a decade) look better. It's quite possible the business continues to execute with prowess, even as the share price gains are slowing. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. To that end, you should be aware of the 1 warning sign we've spotted with Deutsche Post . Of course Deutsche Post may not be the best stock to buy. So you may wish to see this free collection of growth stocks. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on German exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Daily Mail
4 days ago
- Entertainment
- Daily Mail
Scourge of the Pokemon gangs: Thieves tear open packs and even chase delivery vans to get hands on cards that can be worth thousands
Criminal gangs have forced retailer HMV to withdraw Pokemon trading cards worth thousands from its shop floors and online. Phil Halliday, boss of the high street chain, told The Mail on Sunday that demand for the cards has become so intense that even its delivery vans are being targeted. Mr Halliday said: 'They're phenomenally sought after. [So there is] a rabid threat of theft.' The flagship store on London 's Oxford Street has seen thieves breaking in to search for rare cards that they can sell to collectors for large profits. Mr Halliday added: 'We got broken into here at the Oxford Street store – the theory was they went straight to the back of the shop to try and see where these Pokemon cards were. 'We had people chasing a DHL delivery van because they thought there were Pokemon cards in it.' HMV keeps the packs, pictured, behind the shop counter and limits sales to four per customer. 'We can't keep them anywhere near [the shop floor], they are all behind the counter,' Mr Halliday said. He added: 'They are also very easy to shove down your trousers when you're on the run.' HMV no longer sells them online because the site is attacked by bots, which are programmed to buy as many as possible as fast as possible. The company also removed information from its website about stock levels in stores. Pokemon cards, which depict cartoon monsters that are used by their 'trainers' to battle each other, exploded in popularity in the 1990s and continue to attract new generations of fans. The characters also inspired a long-running Japanese cartoon series and numerous video games and merchandise. Rare cards command huge prices on the resale market. One set, featuring a Charizard dragon character from 1999, is on sale for £25,000 on eBay. In 2022, American YouTuber Logan Paul set a record when he bought an ultra-rare Pikachu Illustrator Pokemon card for £3.9million. In May a man was arrested in Manchester after police found stolen Pokemon cards worth about £250,000 during a raid on his house. Last November a man in Polegate, East Sussex, admitted stealing a Pokemon card valued at £30,000. It was found for sale on Facebook but police returned it to its owner. And earlier this month, a heist occurred in the American state of Massachusetts, with the thief stealing £84,000 worth of rare cards. Pokemon cards are not the only childhood toys being targeted. Lego is attractive to thieves because rare 'collectable' sets command high prices and are difficult to trace.
