Deutsche Post DHL Group, the world's leading logistics company, continued to post profitable growth during the past financial year. With the release of the annual report, the Group confirmed the 2019 preliminary figures already published at the end of February. Group revenue was up 2.9% year on year to EUR 63.3 billion, with all five divisions contributing to this positive performance. Operating profit (EBIT) improved by 30.6% to EUR 4.1 billion - a new record. With this Deutsche Post DHL Group … [Read more...] about Deutsche Post DHL Group achieves record earnings in 2019
Deutsche Post DHL
Deutsche Post DHL completes UK Mail acquisition
Deutsche Post DHL Group has completed its US$315.5 million acquisition of UK Mail. Both EU and UK regulatory bodies gave the green light for the deal in late 2016 and the companies have moved to cancel the listing of UK Mail Group plc shares, amend the company’s Articles of Association and will add UK Mail’s operations to the European parcel network of Deutsche Post DHL Group. The move is aimed at strengthening DHL's presence in the UK e-commerce market. “This acquisition will deliver … [Read more...] about Deutsche Post DHL completes UK Mail acquisition
DHL invests $137m to exploit booming US e-commerce business
Deutsche Post DHL Group has announced a US$137 million investment plan for the US domestic and cross-border e-commerce market. DHL eCommerce said it is making the substantial investments to expand its capabilities to serve US businesses selling abroad as they are at the forefront of global e-commerce sales. DHL aims to exploit the global B2C e-commerce market for cross border shipments which are expected to grow from $400 billion today to a total global volume of $1 trillion in 2020, … [Read more...] about DHL invests $137m to exploit booming US e-commerce business
DHL eCommerce launches Shanghai terminal
DHL eCommerce, a division of Deutsche Post DHL Group, has expanded its operations in China focusing on cross-border and domestic e-commerce services. The company announced the launch of a new DHL eCommerce Shanghai Terminal located in Jiuting, Shanghai and plans to launch additional drop off centers in North and South China by end of 2015 to benefit manufacturers in China. The new terminal in Shanghai is a dedicated facility for DHL eCommerce to tap on the burgeoning e-commerce sector … [Read more...] about DHL eCommerce launches Shanghai terminal
DPDHL sends disaster response team to Nepal
Deutsche Post DHL (DPDHL) Group has deployed their Disaster Response Team (DRT) in Kathmandu, Nepal , following the massive 7.8-magnitude earthquake that has claimed thousands of lives to date in addition to those being severely injured. The international aid community is now gearing up to fly in urgently needed goods like technical equipment, water and food. DPDHL Group's DRT will provide logistics support to help manage the incoming international aid and handle the goods at Tribhuvan Kathmandu … [Read more...] about DPDHL sends disaster response team to Nepal
Air cargo CO2 emissions to increase 411% by 2050
The global air cargo market reported impressive growth last year, marking the first upswing in the market following a long period of stagnation. The result, fear many environmentalists, will lead not merely to the growth of the global air cargo market but also contribute significantly to the increase in CO2 emissions. Analysts predict that more emissions will be produced from freight cargo than passengers by 2050. The International Transport Forum (ITF) has provided figures estimating that … [Read more...] about Air cargo CO2 emissions to increase 411% by 2050
