All DP DHL articles
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NewsThe sky's the limit for DHL when it comes to unusual shipments
DHL has provided an overview of three of the more unusual shipments it carried on its aircraft in 2023, ranging from manatees to bobsleds.The best side of humanityIn October, the parcels and logistics giant flew three manatees - Soleil, Calliope and Piccolina - more than 1,000 miles from Cincinnati in ...
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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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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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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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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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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 ...
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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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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 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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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 ...
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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 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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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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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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'Only a matter of time' before Amazon Air comes to Europe
A report by finance bank KFW IPEX-Bank has concluded it is only a matter of time before Amazon launches its own airline in Europe.Although reports suggests the e-commerce giant does contract operators to fly on its behalf in Europe, it has yet to go as far as launching its own-branded ...
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NewsDHL sees airfreight volumes slide but rates boost revenues
DHL Global Forwarding saw its airfreight volumes decline for the fifth quarter in a row in the first three months of the year, but profits at its air division increased as rates improved on a year ago.The Deutsche Post-owned freight forwarder reported a 4.2% decline in airfreight volumes during the ...
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NewsDeutsche Post DHL Group partners Austrian Post
Austrian Post will deliver parcels sent by DHL customers to Austria under a new agreement signed with Deutsche Post DHL Group.The long-term partnership, which is still subject to review by the German and Austrian competition authorities, has no impact on the group’s business activities in international express, freight transport and ...