DHL GF the latest legacy forwarder to digitalize air freight bookings

The phone call that was once required for a shipper to book an airfreight shipment with a legacy forwarder may soon become unnecessary for general freight shipments. On 30 November, DHL Global Forwarding announced it was expanding the capabilities of its customer portal DHL Interactive Online Freight, with the introduction of an Online Freight Quotation […]
  • Charles Kauffman
  • December 1, 2017

Revenue and Block Hours up 20% in Atlas 3Q

Atlas Air Worldwide Holdings reported a third-quarter net loss of $24 million, as total revenue jumped 19.6% y-o-y to $536 million. Operating income for the quarter more than doubled, to $53 million. So, if the revenue and operating income gains were so good, why the reported loss? In a “no good deed goes unpunished” way, […]
  • David Harris
  • November 7, 2017

DHL targeting e-commerce, pharma

E-commerce fulfillment, and pharma shipments are two of the fastest growing air cargo segments, and this week DP-DHL subsidiaries, DHL eCommerce and DHL Global Forwarding have announced new facilities and initiatives to support the growth of both. Looking first at e-commerce, on 12 March DHL eCommerce commenced operations at a new fulfillment center in Hong Kong […]
  • Charles Kauffman
  • March 15, 2017

Record fourth-quarter earnings cap a great year for DP-DHL

Capitalizing on strong e-commerce growth and on a return to financial health by its forwarding arm, Deutsche Post-DHL reported net profit up more than 25% to €841 million in the fourth quarter of 2016. The big jump came despite revenue remaining almost flat (up just 0.5%) at €15.41 billion. Operating profit (EBIT) for the quarter […]
  • David Harris
  • March 10, 2017

DHLGF, Chinese express carriers scramble for Russia

Driven in part by thriving cross-border e-commerce demand, DHL Global Forwarding expanded its Airfreight Plus service with the addition of Moscow and other Russian cities, bringing the total number of countries within its Airfreight Plus network to 54. Meanwhile, SF Express has designated Changchun as a key hub for cross-border shipments bound for Russia. Airfreight Plus […]
  • Charles Kauffman
  • June 6, 2016

DP-DHL denies forwarding business for sale

Deutsche Post-DHL has been prominent here at CargoFacts.com in the last week, so it seems fitting to cap things off with a final bit of news, and then some related videos for your weekend viewing pleasure. Today’s news, or perhaps anti-news, is that Frank Appel, DP-DHL’s CEO, issued a denial that the company’s troubled forwarding business […]
  • David Harris
  • February 19, 2016

Pssst… Wanna buy a forwarder?

Is DHL Global Forwarding up for sale? And, if so, who would/could buy it? According to a Reuters report, quoting “two people familiar with the matter,” Deutsche Post-DHL is considering selling its forwarding operations or seeking to move them into a partnership or joint venture. And the buyer? According to Reuters’ sources, one potential buyer […]
  • David Harris
  • February 12, 2016

DHL-GF boards the train… and the ship

DHL Global Forwarding, the forwarding arm of Deutsche Post DHL, launched rail service connecting eastern China with eastern Europe. It seems like only yesterday that DB Schenker announced a trial rail service to connect China with Europe – an announcement that was met with widespread skepticism. But Schenker’s gamble paid off, and soon other forwarders […]
  • David Harris
  • January 7, 2016
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