All DHL Global Forwarding articles – Page 4
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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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Top 25 Forwarders: DHL stays at the top despite volume decline
DHL Global Forwarding maintained its position as the leading airfreight forwarder last year despite volumes dropping, while Kuehne+Nagel (K+N) looks set to nab the top spot in the coming years and DSV Panalpina continues its rapid rise up the table (see full table below).The latest annual market figures from consultant ...
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Is the logistics sector doing enough to reduce its carbon footprint?
The last couple of years have undoubtedly seen the air cargo and wider logistics industry ramp up green initiatives that aim to reduce companies’ impact on the environment.In the last week alone DHL Global Forwarding announced that it would join United Cargo’s sustainable aviation fuel (SAF) programme, while Air France ...
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DHL Global Forwarding signs up for United's SAF programme
DHL Global Forwarding is joining United Airlines sustainable aviation fuel (SAF) programme as it continues to ramp up its green strategy.The world's largest airfreight forwarder said that as part of United's Eco-Skies Alliance programme it will contribute towards the purchase of 3.4m gallons of SAF this year.The reductions in carbon ...
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DHL adds road functionality to its digital portal as usage increases
DHL has announced a series of new upgrades to its myDHLi online booking and management system as its user base grows rapidly in the first quarter of the year.The freight forwarding giant said that it would add road freight to existing ocean and air services — launched last year — ...
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Covid accelerates air cargo's adoption of technology
The covid crisis has accelerated air cargo’s adoption of technology and its push towards a more sustainable future, according to speakers at the Air Cargo Europe online event.Speaking on the Future of Air Cargo panel discussion, organised by Air Cargo News, Qatar Airlines chief officer cargo Guillaume Halleux said that ...
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DHL 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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Air Cargo Europe: Air Cargo of Tomorrow – shaping the future of the industry
Air Cargo of Tomorrow – shaping the future of the industry (webinar)Join us on May 4 at 3pm BST / 4pm CEST / 10am EST to hear from airfreight experts as they discuss: Air Cargo of Tomorrow: Shaping the future of the industry.The session is organised by Air Cargo News ...
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DP DHL notes its strongest Q1 ebit in preliminary figures
Deutsche Post DHL's first quarter operating earnings reached record levels, according to preliminary results.Preliminary operating profit (ebit) for the first three months improved to around €1.9bn compared with €592m for the same period last year.The group said that the positive development of the group’s businesses seen in the fourth quarter ...
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DHL continues Africa expansion with Unicargas partnership
DHL Global Forwarding (DHL GF) has expanded its presence in Africa by teaming up with Unicargas, a cargo carrier based in Angola.The five-year partnership will facilitate the movement of exported Angolan goods, carried by DHL GF, to Europe and the US - markets that make up 20% of exports from ...
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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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Air 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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German airfreight market registers 22% decline in 2020
Last year, in the wake of the coronavirus pandemic, global airfreight traffic fell by 10.6% year on year, according to IATA; this is the biggest decline since records began in 1990.But how did the year go for market participants in Germany? How did the top 10 airfreight forwarders and airlines ...
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Five forwarders continue to lead online sales charge
Freight forwarders have improved their ability to provide instant quotes digitally, but this is led by the same group of five companies with others lagging behind.The latest annual mystery shopper report from booking portal Freightos showed that its research showed that more than 25% of digitally requested quotes were provided ...
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DHL opens second pharma facility near Leipzig/Halle Airport
DHL Global Forwarding has expanded its pharma-handling capabilities in Germany by opening a second specialised warehouse close to Leipzig/Halle Airport.The company highlighted the facilities' capability of supporting vaccine distribution, as the world continues its fight against Covid-19.The new 2,500 sq m hub features two temperature-controlled zones: in the larger 1,700 ...
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DHL expands pharma capabilities in South Africa
Clement Blanc, managing director, DHL Global Forwarding- South AfricaDHL has expanded its capabilities in South Africa by investing in new 10,000 m sq warehouse, which has pharma facilities, near Johannesburg Airport.The company invested 126.5m rand ($8.3m) in the facility, which is "twice the size of its current set-up" and is ...
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DHL achieves record earnings for full-year 2020
In its preliminary results for 2020, Deutsche Post DHL Group (DP DHL) has reported record earnings, despite the "challenging economic environment" experienced last year as a result of the coronavirus pandemic.The logistics and parcels giant achieved its highest operating profits (ebit) for the financial year: €4.8bn, which "significantly outperformed" its ...
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DHL delivers Israel's first Covid-19 vaccines
Last week, DHL Express and DHL Global Forwarding operated flights, carrying Covid-19 vaccines, to Israel.The vaccines onboard were the first to be received by the country and the initial flight, which was operated by DHL Express last Wednesday, was received by the country's Prime Minister, Benjamin Netanyahu.The next flight that ...
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DHL helps relocate the world's loneliest elephant
DHL Global Forwarding played a key role in organising the transport of the world's loneliest elephant, Kaavan, to his new home at a sanctuary in Cambodia.DHL said that with a weight of over four tons and a height of more than three meters, the transport of Kaavan had to be ...
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DP DHL prepares for "very strong" peak season as Q3 revenues rise
Deutsche Post DHL Group (DP DHL) achieved increased revenues and operating profits during the third quarter of this year, despite the period being "an economic climate dominated by Covid-19".As the company prepares for a very strong peak season, the company said its third-quarter performance was a result of its "strong ...