Deutsche Post–DHL (DP-DHL) turned in a set of mixed results for the second quarter with continued prosperity in the time-definite segment of its business, while others such as its freight forwarding business suffered margin pressure. The top-line numbers for the group saw only slight movement with revenue up 0.7 per cent year-on-year at €13.7 billion and EBIT (Earnings Before Interest and Tax) up 5.7 per cent year-on-year from €619 million in 2013 to €654 million this … [Read more...] about DP-DHL sustains profit growth on mixed results
DHL
Malaysia Airlines releases MH17 cargo manifest
Malaysia Airlines has released the cargo manifest and air waybill for its flight MH17, the B777-200 extended range aircraft that crashed in eastern Ukraine on 17 July. There is no indication that any of the cargo could have caused a catastrophic failure of the aircraft, lending credence to the theory that it was shot down with a missile. The cargo included animals, with two dogs, birds, pigeons and chickens; TNT Express and DHL Global Forwarding courier goods; aircraft and helicopter … [Read more...] about Malaysia Airlines releases MH17 cargo manifest
DHL Forwarding introduces -150º Celsius service
DHL Global Forwarding, the air and ocean freight specialist within Deutsche Post DHL, has enhanced its cold chain logistics offerings through the transport of shipments at frozen or cryogenic temperatures. Designed for customers from the life sciences and healthcare industry with an increasing need for sophisticated cryogenic logistics solutions, this service is maintained by LifeConEx, DHLs temperature management specialist in collaboration with Cryoport, a provider of complete global … [Read more...] about DHL Forwarding introduces -150º Celsius service
Leipzig/Halle flourishes with mix of niche clients
To say Leipzig/Halle Airport occupies a unique niche in the realm of global airports is no exaggeration. As a relatively ‘young’ airport – one of many that emerged in Eastern Europe in the years after the fall the ‘Iron Curtain’ in the early 1990’s – it offers many things that traditional air cargo hubs in Europe cannot. Most notably: Vast land space for expansion and 24/7 operations – no small feat in otherwise congested airport situations around … [Read more...] about Leipzig/Halle flourishes with mix of niche clients
DHL Supply Chain unveils €90m Singapore facility
DHL Supply Chain has its unveiled its latest investment in Southeast Asia at a ground breaking ceremony at Singapore's Tampines LogisPark. The new DHL Supply Chain Advanced Regional Centre is an integrated build-to-suit (BTS) logistics warehouse facility worth more than €90 million. The total amount is a combined investment of approximately €23 million from DHL and over €70 million from Cache Logistics Trust, the appointed logistics real estate solutions provider. … [Read more...] about DHL Supply Chain unveils €90m Singapore facility
FedEx’s Smith warns on future of air cargo
Delivering a stark view of the future of the airport-to-airport segment of the air cargo industry which faces a difficult macroeconomic climate, “gnawing” competition from both ocean freight and the express sector, along with a crippling rise of protectionism around the globe, he warned that the future is “unlikely to be analogous to the industry’s ‘Golden Age’ of the 1990s and early 21st century.” “All of us may wish for a return of the … [Read more...] about FedEx’s Smith warns on future of air cargo
