DHL cuts full-year guidance as second-half recovery doesn’t materialize
Revenue and earnings fell sharply at DHL’s Express and Global Forwarding units.
Revenue and earnings fell sharply at DHL’s Express and Global Forwarding units.
DHL Group forecasts $7.7 billion in earnings before interest and taxes should a recovery take hold early in the second half.
DHL Global Forwarding will offer its first temperature-controlled service between Indianapolis and Europe.
If imported adult beverages are your thing, there’s a good chance DHL or J.F. Hillebrand took care of the shipping.
Racing a car at 223 mph is insane and so is the logistics that makes it possible. Get ready for the F1 season.
“This deal is a great opportunity to accelerate our joint sustainability efforts. SAF has a lot of potential to reduce CO2 emissions,” said Adriaan den Heijer, executive vice president at AFKLM Cargo and managing director at Martinair.
This week: DHL helps rescue five lions and a tiger; Schneider receives the SanMar Mask Award; and C.H. Robinson begins taking applications for student scholarships from carriers and employees.
The company expects record 2021 earnings and boosts its 2023 bottom line forecast by $700 million, to $9.24 billion.
The German titan reports solid performances from its Express, Forwarding, Supply Chain and eCommerce units
This week: Cargostore and Kuehne+Nagel employees skydive with Red Devils for various charities, DHL successfully delivers 4 million donated vaccines from the U.K. and truck art helps find missing children in Pakistan.
The company says it is on track to hit record earnings this year.
The container ship now is expected to anchor in San Pedro Bay on May 1.
Alejandro Del Toro of GE Lighting discusses the challenges of measuring demand during the pandemic and how 3PLs are essential partners.
DHL Global Forwarding recently launched a new bulk liquid transporter system of flexitanks called DHL Reefertanks.
FreightWaves identifies importers who use the Asia-West Coast service.
Deutsche Post DHL’s Express and E-Commerce units report strong numbers.
Distribution of coronavirus vaccines isn’t limited to FedEx and UPS. Many freight transportation and logistics companies are already playing a large role in the global immunization campaign.
The state of customers’ freight remains unknown as inspection of the 14,052-TEU vessel begins.
The room is part of a $650,000 upgrade of the unit’s San Juan complex.
Werner, STG Logistics and ZIM add board members; Port of Oakland, Avetta and Raymond James make appointments.
Tim Robertson succeeds Bill Meahl, who will continue to serve in an advisory role until his retirement next September.
For DHL Global Forwarding, the coronavirus pandemic is no excuse for the ocean freight industry to neglect sustainability initiatives in the supply chain.
The freight-forwarding arms of DHL and DB Schenker are adding air capacity by leasing aircraft from all-cargo operators. The new services and features from DHL and FedEx are designed to meet growing demand associated with COVID and greater temperature requirements.
In today’s edition of The Daily Dash, prosecutors are recommending jail for former Uber executive Anthony Levandowski, and how much did Amazon spend on logistics in the second quarter?
DHL located a new life sciences warehouse in Indianapolis because the city has many pharmaceutical companies in the area.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Truck capacity tight near Mexican border; drugs found in shipments of ketchup and onions; DHL opens new foreign trade zone in El Paso; and Commerce opens inquiry aimed at Mexican wire mesh.
The 2020 International Trade Impact and Outlook survey from DHL compiled responses from more than 2,000 small and medium-sized enterprises (SMEs) in the U.S.
The global logistics giant said its Q1 profits among its five business divisions suffered from the coronavirus upheaval.
Third-party logistics providers engaged in international trade are facing the difficult decision of whether to thin staff or even close altogether in the face of a prolonged economic downturn caused by the coronavirus pandemic.
CEVA and DHL free themselves from contractual constraints to realign operations and facilitate pricing flexibility during pandemic.
A trade war truce is not stopping multinationals from exploring alternative sourcing options to China, but moving supply chains is difficult, says expert.
But an undercover survey finds that traditional forwarders face increased pressure from container lines and digital forwarders.
Deutsche Post posts decent third-quarter results despite weak global macro environment
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Halliburton lays off 650 oil and gas workers; DHL expands cross-border […]
Tesla takes a page from Amazon in new logistics strategy for delivering vehicles. Union group uses customer as leverage to bash XPO