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DHL not focusing on mergers and acquisitions for now
Deutsche Post DHL Group CEO Frank Appel told the Wall Street Journal that the company is not currently interested in the logistics mergers and acquisitions market, despite growing activity in the industry. Instead, the compa...
Deutsche Post DHL Group estimates operating profits of €5 billion in 2020
Deutsche Post DHL Group is expecting operating profits of at least €5 billion in 2020, after a successful financial year despite global trade uncertainties. The company reported a 6% organic rise in group revenue to &eu...
DHL Express plans delivery barges on the Thames
DHL Express may be launching new delivery barges on the Thames later this year, as part of its green strategy. CEO John Pearson told The Loadstar that the company was working on a scheme similar to the one it currently opera...
DHL hires hundreds of new workers to prepare for no-deal Brexit
DHL has hired hundreds of workers to help manage new customs procedures following Brexit, which is expected to arrive on March 29th. After this date, all companies involved with international shipping may have to deal with n...
DHL opens first Global Competence Center for Humanitarian Logistics
DHL Global Forwarding has opened a Global Competence Center for Humanitarian Logistics in Dubai, so that it can more effectively manage the logistics of aid-giving during humanitarian crises. Fatima Ait Bendawad, who has 15 ...
DHL CEO warns not to focus on short-term benefits of Brexit
Frank Appel, CEO of Deutsche Post DHL, told the BBC that while DHL might benefit from a no-deal Brexit in the short term, “we should not focus on short-term profits” as the outcome would be negative in the long te...