| Type | Exel is a wholly owned entity of Deutsche Post |
|---|---|
| Industry | Logistics |
| Founded | Westerville, Ohio (1992) |
| Headquarters | Westerville, OH United States |
| Key people | John Gilbert, CEO |
| Revenue | US$ 4.7 Billion p.a. |
| Employees | 40,000 associates in the United States and Canada |
| Website | www.exel.com |
Exel is a supply chain and logistics company operating in North America.
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The Company has its origins in several independent warehouse and transportation management companies in the United States which were acquired in 1985 by NFC plc (formerly the National Freight Consortium, the nationalised UK transportation business created by the post-war Labour government). The new Company was re-branded Exel and the Americas headquarters was established in Westerville, Ohio, in 1992.
Over the 8 years that followed, Exel experienced customer growth and expanded operations to include Canada, Latin America and South America. Its portfolio of solutions also grew to include transportation management, freight consolidation, contract packaging, contract manufacturing, demand planning and other supply chain services.
In May 2000 NFC plc merged with Ocean Group plc and, adopting the name of its American subsidiary, became Exel plc.[1]
In 2004 Exel plc acquired Tibbett & Britten, a leading British contract logistics business, for $710m.[2]
On 14 December 2005 Deutsche Post announced the completion of the acquisition of Exel plc,[3] becoming the global No. 1 in air freight, ocean freight and contract logistics. Consequently Exel's stock listing on the London Stock Exchange was cancelled as of 13 December 2005.
When integrating Exel into its Logistics division, Deutsche Post added its well-known DHL brand acquired with the purchase of DHL Express to form DHL Exel Supply Chain. Deutsche Post continues to trade under the Exel brand in North America.
Exel operates 441 facilities and works with over 40,000 associates in North America. Exel serves the automotive, chemical, consumer, energy, industrial, life sciences, retail, and technology industries. Services include supply chain management, inbound to manufacturing, in-plant services, manufacturing, assembly and packing, warehousing and order fulfillment, transportation management, home and business delivery and reverse logistics. Exel is part of Deutsche Post DHL (DPDHL). Deutsche Post has over 500,000 employees worldwide with revenues close to $90 Billion.