All Deutsche Post DHL articles – Page 2
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News
DP DHL ups forecast as it expects record Q2 profits
Deutsche Post (DP) DHL has reported record operating profits in its preliminary second-quarter results and upped its outlook for the year.The logistics and postal giant said its preliminary operating profit (ebit) for the second quarter has reached a record level of €2.1bn compared with €912m on last year.The company said ...
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NewsDHL Global Forwarding sees airfreight revenues and profits soar in Q1
Deutsche Post DHL Global Forwarding has reported large increases in its airfreight revenues, profits and volumes in the first quarter as higher demand and lower capacity benefited the company.The forwarder, which could this year lose its status as the airfreight market leader due to Kuehne+Nagel's plans to acquire Apex, saw ...
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NewsDP DHL targets aviation emissions with €7bn sustainability pledge
As part of its new sustainability roadmap, announced today, Deutsche Post DHL Group (DP DHL) is investing €7bn in green technologies, such as sustainable aviation fuel, to help it further reduce its Co2 emissions over the next ten years.The sustainability roadmap, which covers the company's operations until 2030, are in ...
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Top air forwarders expect continued capacity constraints for 2021
The heads of Deutsche Post (DP) DHL and Kuehne+Nagel (K+N) are both expecting airfreight capacity to remain constrained for the rest of the year.Speaking to analysts following the announcement of K+N's 2020 financial figures, the forwarder's chief executive Detlef Trefzger was asked whether he expected airfreight rates to collapse this ...
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NewsAir cargo and e-commerce help DP DHL to record earnings
Air cargo and e-commerce were two of the star performers at Deutsche Post (DP) DHL last year as operating profits reached record levels.The German parcels and logistics giant last year saw revenues increase by 5.5% year on year to €66.8bn, earnings before interest and tax (ebit) were up 17.4% to ...
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DHL expands freighter deal with Cargojet
DHL Express has expanded its ACMI deal with lessor Cargojet through the addition of three permanent international routes.The new routes are operated by three dedicated B767-300F Cargojet freighter aircraft between Hamilton, Canada; DHL Express hub in Cincinnati, Ohio; and continuing to Monterrey, Mexico; and the UK.These routes were initially started ...
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DP DHL records "strong business development" in preliminary Q3 results
Deutsche Post DHL has managed to achieve an increase in earnings before interest and tax (ebit) during the third quarter of this year and recorded "strong business development" ahead of its shift in focus to 'peak season'.Chief executive Frank Appel said in the company's preliminary third-quarter financial results: “We are ...
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NewsDHL the latest to report rapid airfreight revenue growth
Deutsche Post (DP) DHL is the latest company to report soaring airfreight revenues as a result of the capacity crunch experienced in the second quarter of the year.The German express and parcels giant saw second-quarter revenues from its airfreight forwarding business increase by 57% year on year to €1.8bn, gross ...
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NewsDHL expands FTZ presence with new Texas site
DHL Global Forwarding has expanded its foreign trade zone (FTZ) presence in the US with a new site at the El Paso, Texas, airport.FTZs are secure areas under US customs and border protection supervision that are generally considered outside of the US for customs purposes. FTZs are used for loading, ...
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NewsDHL Express to add four converted B767-300Fs
DHL Express will add four B767-300 Boeing converted freighters (BCF) as part of its efforts to continue modernising and growing its fleet.DHL said the move was a step towards "modernising its long-haul intercontinental fleet in order to fly eco-friendlier and more cost-efficiently".Work on the conversions will start in the fourth ...
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NewsDHL: Supply chains set to diversify in response to covid-19
DHL is expecting supply chains to diversify over the coming months in response to the coronavirus outbreak.The express giant today released a new study, produced in conjunction with Cranfield University in the UK, looking into the impact of the coronavirus outbreak on future supply chains.The study found that in the ...
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News
DP DHL reports "significantly increased earnings" in Q2 2020
Deutsche Post DHL Group experienced "significantly increased earnings" in the second quarter of 2020, despite global disruption caused by the global Covid-19 pandemic.The logistics giant saw its operating profit (ebit) increase by 16%, from €769m in 2019 to €890m this year."This number includes the already expected negative impact of around ...
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DHL Express set to carry out 'reduced CO2 emissions' flight from Leipzig/Halle to NYC
DHL Express is preparing to carry out a demonstration flight on July 1 from its hub at Leipzig/Halle Airport to JFK International Airport in New York City.The purpose of the flight — which will be carried out under "real operating conditions" with an Airbus A330-200F loaded with 60 tonnes of ...
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Covid-19 outbreak pushes DHL e-Commerce volumes to peak season levels
DHL eCommerce Solutions has seen its volumes reach peak season levels as consumers turn to online shopping as a result of the coronavirus lockdown.The company said that consumers in the US have been ordering health, wellness and home office supplies over the last five weeks.As a result, the DHL division ...
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NewsDP DHL says the outlook is cloudy as forwarding revenues take a hit
Deutsche Post (DP) DHL said the coming months are difficult to predict due to the coronavirus outbreak, while its airfreight forwarding business saw revenues and profits decline in the first quarter.DHL Global Forwarding saw its first quarter airfreight revenues fall by 3.9% year on year to €1.1bn, volumes declined by ...
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NewsDHL launches China-Africa freighter operation
DHL Global Forwarding has launched a dedicated 100-tonne weekly airfreight service for organisations and governments shipping goods from China to Africa and Middle East.The forwarder said it would consolidate cargo from across China into Guangzhou and airfreight them via Dubai to their various destinations across Africa and Middle East with ...
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DP DHL scraps earnings guidance as it takes a €200m Covid-19 hit
Deutsche Post DHL (DP DHL) has scrapped its earnings guidance for the year as it reported a €200m hit caused by the coronavirus outbreak.The postal and logistics giant said that the global spread of the pandemic and the corresponding lack of transparency concerning the global economic development led the group ...
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NewsDSV sees German airfreight volumes take a hit
In 2019, the airfreight division of Denmark-headquartered freight forwarding DSV lost around one third of its German airfreight export cargo compared to the previous year, writes Oliver Link from Air Cargo News' sister title DVZ.The IATA CASS figures show that DSV Air & Sea suffered by far the greatest loss ...
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NewsDHL airfreight volumes down 4.6% in 2019
The world’s largest airfreight forwarder DHL Global Forwarding saw airfreight revenues and volumes decline last year, but gross profit improved (see charts at end of article).The DHL Global Forwarding, Freight division saw total airfreight volumes for 2019 decline by 4.6% year on year to 2m tonnes, while revenues were down ...
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DP DHL takes a €70m hit from the coronavirus
Deutsche Post DHL took a €70m hit on its operating profits in February as a result of the coronavirus.The express, parcel and logistics giant said that it had a very good start to the year in January and was prepared for the usual effects around Chinese New Year.However, since then, ...
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