DP-DHL’s 4Q Express, GF growth outweighed by PeP weakness

Despite revenue growth across all segments during the fourth quarter, and operating profit (EBIT) growth in the Express and Global Forwarding segments, Deutsche Post-DHL Group (DP-DHL) reported Group EBIT declines of 4.0% year-over-year to €1.13 billion, and 15.5% to €3.16 billion for the 4Q and FY2018 respectively, due to sharp declines in the Post-eCommerce-Parcel (PeP) segment. PeP EBIT fell 28.4% and […]

DP-DHL 3Q operating profit under pressure from PeP division

Ongoing challenges in Deutsche Post-DHL Group’s (DP-DHL) Post-eCommerce-Parcel (PeP) segment depressed an otherwise positive third quarter for the Group. While DP-DHL posted operating profit (EBIT) gains in Express, Global Forwarding and Freight, and Supply Chain segments, a substantial year-over-year decrease in third quarter EBIT for the PeP division weighed heavily on the Group’s overall EBIT […]

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 […]

UPS and DHL on the acquisition trail

Two of the world’s big three integrators have recently made significant acquisitions. UPS acquires Marken. UPS bought itself a Christmas present in the form of Marken, a privately-owned, US-based company that specializes in providing clinical trial logistics solutions to the life-sciences industry. The acquisition will provide a significant boost to UPS’ presence in the healthcare […]

DP-DHL doubles third-quarter profit

Deutsche Post-DHL’s third-quarter net income more than doubled year-over-year to €1.79 billion, as total revenue declined 3.9% to €13.86 billion. Operating profit (EBIT) in the quarter almost tripled to €755 million. This somewhat odd-looking combination – net income and EBIT up by triple-digit percentages in the face of falling revenue – resulted from  a combination of […]
Page 1 of 212 »
Get Latest Issue