All Deutsche Post DHL articles
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NewsSuder set to scoop Deutsche Post chairwoman role
The supervisory board of Deutsche Post, part of the DHL Group, intends to elect Katrin Suder as its chairwoman
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News
DP DHL outlines criteria for any DB Schenker bid
Shortly after Deutsche Post (DP) DHL announced another set of record full-year results, the parcel and logistics giant's outgoing chief executive, Frank Appel, was asked about a report in German business title Manager Magazin that suggested the company could be preparing a bid for DB Schenker.The article said that DP ...
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News
DHL Global Forwarding reports record airfreight revenues
DHL Global Forwarding reported record airfreight revenues last year but performance weakened as the year progressed.The world's second-largest airfreight forwarder saw airfreight revenues increase 18.7% year on year in 2022 to €10.4bn while air gross profits improved 48.5% to €2bn. These improvements came despite a 9.3% decline in volumes to ...
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News
DP DHL to raise outlook following improvement in e-commerce
Deutsche Post DHL will raise its outlook for operating profits after consumer e-commerce demand picked up in the third quarter of the year.The express and postal giant said that third-quarter earnings before interest and tax (ebit) is expected to reach €2bn compared with €1.8bn last year."Therefore, 2022 ebit guidance (currently: ...
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Insights
SAF remains air cargo’s future fuel focus
Clean fuel alternatives to Sustainable Aviation Fuel (SAF) are unlikely to be available for long-haul air cargo flights for more than 10 years.Frederik van de Ven, global sustainability director at Air France KLM Martinair Cargo told Air Cargo News during DHL’s recent “Powering the Future of Logistics with Sustainable Fuels” ...
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News
DHL airfreight volumes edge up but revenues fly
DHL Global Forwarding saw its airfreight revenues jump in the first quarter of the year despite volumes increasing by a much lower amount.The forwarder's airfreight business saw revenues increase by 55.% year on year to €2.9bn. Gross profits improved by 10% to €488m but volumes were up by just 3% ...
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NewsDHL to investigate Costa Rica freighter incident
Photo: ShutterstockAn investigation will take place into a DHL freighter that broke in half upon landing at Juan Santamaria International Airport (SJO) in Costa Rica.DHL told Air Cargo News on April 8 that the crew were unharmed in the incident and cargo and passenger operations have resumed at the airport. ...
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NewsDHL adds extra freighters through Cargojet tie up
DHL B777. Source: DHL ExpressDHL Express has entered into a long-term agreement with freighter operator Cargojet that could potentially see the express firm acquire shares in the freighter company.The five-year deal, with options for an extra two years, will see Cargojet provide an extra five B767 freighters in addition to ...
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NewsDHL Express expands SAF supply with five-year deal
Martin Thomsen, BP; Frank Appel, Deutsche Post DHL Group. Source: DP DHLDHL Express has signed a deal with BP and Neste to provide 800m litres of Sustainable Aviation Fuel over the next five years as part of efforts to meet its environmental targets.The express company described the SAF deal as ...
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News
DHL and Air France KLM partner on SAF
DHL Global Forwarding and Air France KLM Martinair Cargo (AFKLMP) have teamed up on the purchase of 33m litres of sustainable aviation fuel (SAF).The partners said the three-year cooperation represents one of the most "significant SAF purchases in the freight forwarding industry".DHL has committed to covering at least 30% of ...
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NewsAir Cargo News' most read stories in 2021
Last year was another busy 12 months for the air cargo industry, with COVID-19 continuing to take its toll on supply chains.Some of the challenges facing the industry were modal shift, COVID shutdowns, rising demand and ongoing capacity shortages but once again air cargo came through, playing a key role ...
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NewsAppel to leave DP DHL in 2023
Frank Appel will leave his role as chief executive of Deutsche Post DHL Group in 2023 after more than ten years in the top job.Appel scooped the position in 2008 and will continue in the role until May 4 in 2023, after the postal giant's annual general meeting.Air Cargo News ...
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NewsGlobal trade bounces back while interest in nearshoring recedes
Trade has bounced back to pre-pandemic levels while interest in the regionalisation of supply chains has receded, according to the latest Global Connectedness Index from DHL Express and NYU Stern School of Business.The overall Global Connectedness Index, which analyses globalisation across trade, capital, information and people, is on track to ...
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NewsNew CEO for DHL Global Forwarding Europe
Source (C): DP DHL Group/Bernd GeorgDHL Global Forwarding has appointed Tobias Schmidt chief executive of DHL Global Forwarding Europe.Schmidt succeeds Thomas George, who has successfully managed the European organization since 2016 and will focus on his chief commercial officer role.He will report to Tim Scharwath, CEO DHL Global Forwarding, Freight, ...
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News
DHL Express signs up for SAF at East Midlands
Deutsche Post DHL has agreed a partnership with Neste to supply the DHL Express division with Sustainable Aviation Fuel (SAF) at the UK's East Midlands Airport.In total, DHL will purchase SAF worth more than €60m by mid-2022, which it claimed would reduce around 70,000 tons of CO2."This is a first ...
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NewsProfits continue to surge at DHL Global Forwarding
DHL Global Forwarding and Freight saw third-quarter earnings before interest and tax (ebit) more than double on last year while airfreight demand continued to surge.The Deutsche Post-owned forwarder saw third-quarter revenues increase by 53.3% year on year to €5.7bn and ebit was up 140% to €372m.Meanwhile, airfreight volumes in the ...
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News
DP DHL's profits expected to continue to surge
Deutsche Post (DP) DHL's third quarter preliminary results show another boost in earnings before interest and tax (ebit).The express and postal giant said that its ebit is expected to reach €1.8bn in the third quarter, up from €1.4bn for the same period in 2020.Over the first nine months of the ...
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News
DP DHL to acquire ocean freight forwarder JF Hillebrand
Deutsche Post DHL Group (DP DHL) has revealed plans to acquire ocean freight forwarding expert JF Hillebrand Group and its subsidiaries at an equity value of around €1.5bn.The move follows the company recently admitting that it is taking an "opportunistic approach" to freight forwarding acquisitions, despite the spate of takeovers ...
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News
DHL to stick with an opportunistic approach to acquisitions
Deutsche Post (DP) DHL will maintain an opportunistic approach to freight forwarding acquisitions despite the spate of takeovers recently announced by some of the company's peers.Speaking after the delivery and logistics giant last week revealed its half year results, DP DHL chief executive Frank Appel was asked whether the company ...
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News
DHL's airfreight volumes take off in Q2
DHL Global Forwarding saw its airfreight volumes improve by double-digit percentage levels in the second quarter on the back of tight capacity and improved demand.The Deutsche Post (DP) DHL-owned forwarder reported a 9% year-on-year increase in second quarter airfreight revenues to €2bn on the back of a 35.7% improvement in ...