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Vote for Venezuela.


DISRUPTIVE disruptive /dis·rup·tive/ (-tiv)
1. bursting apart; rending.

2. causing confusion or disorder.
 POLITICS SEEM TO HAVE NO EFFECT ON Venezuela's economics. At least that's how DHL DHL
abbr.
1. Doctor of Hebrew Letters

2. Doctor of Hebrew Literature
 Worldwide Express, the world's largest international express deliverer, sees it. "Even though it's not an easy environment there politically, this is the best year ever for DHL in Venezuela," says Alberto Hallivis, business development director for the company's Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies.  region. DHL has operated in the South American country for 16 years.

The good results have prompted the delivery giant to increase its presence in Venezuela with a new US$8 million facility in Caracas. "The old facilities can't keep up with the pace of growth," says Hallivis. "So we have to keep investing." Cost control initiatives helped boost overall profits in Latin America by 30% between 2000 to 2001, Hallivis says. As a result, Caracas isn't the only place that will see new DHL investment. The company is spending around $20 million on facility upgrades in Argentina and at its hub in Panama. It recently built a new logistics center in Brazil and moved its Latin America headquarters a few kilometers west from Ft. Lauderdale to Plantation Plantation, city (1990 pop. 66,692), Broward co., SE Fla., a residential suburb of Fort Lauderdale; inc. 1953. The city has grown rapidly along with the development of S Florida. . Florida, in response to growing work.

"The economic slowdown For articles with similar titles, see Slow Down (disambiguation).
A slowdown is an industrial action in which employees perform their duties but seek to reduce productivity or efficiency in their performance of these duties.
 in the U.S hasn't affected our business," says Hallivis.
COPYRIGHT 2001 Freedom Magazines, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Latin Trade
Geographic Code:1USA
Date:Jul 1, 2001
Words:202
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