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Deutsche Post DHL Raises 2020 Earnings Guidance
Wednesday, October 7, 2020 - 3:27pm | 381Read More...Deutsche Post AG (OTC: DPSGY) DHL said Wednesday that it raised its 2020 earnings guidance following solid third-quarter results and heading into what will likely be a strong peak shipping season. The Bonn, Germany-based transport and logistics conglomerate said it expects 2020 operating earnings...
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Typical July Freight Slump Looks Unlikely This Year
Friday, July 10, 2020 - 9:48am | 2101Read More...This week's DHL Supply Chain Pricing Power Index: 55 (Carriers) Last week's DHL Supply Chain Pricing Power Index: 55 (Carriers) Three-month DHL Supply Chain Pricing Power Index Outlook: 60 (Carriers) The DHL Supply Chain Pricing Power Index uses the analytics and data contained in FreightWaves...
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COVID-19 Response Boosts Deutsche Post DHL's Q2 Profit
Thursday, July 9, 2020 - 1:36pm | 541Read More...Frank Appel, CEO of Deutsche Post (OTCMKTS: DPSGY) DHL Group, said the German logistics company used its diverse services portfolio to outflank the coronavirus pandemic and significantly increase its second-quarter profit. The company's preliminary pretax profit for the quarter increased 16% to...
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DHL Tests 'Pop-Up' Store Concept
Tuesday, July 7, 2020 - 4:05pm | 460Read More...Global courier DHL Express (OTCMKTS: DPSGY) has dipped its wing into the "pop-up" store concept, taking advantage of what company executives see as a trend for serving customers' shipping needs. "With the rise in popularity of mobile pop-ups for food, fashion, and more, we saw an excellent...
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Pandemic Prompts DHL To Beef Up Expedited LCL Services
Friday, July 3, 2020 - 8:25am | 850Read More...Transport and logistics giant DHL said it has upgraded its time-definite less-than-containerload (LCL) sea freight delivery service as supply chain demands arising from the coronavirus pandemic push it to offer fast-cycle global shipping alternatives to expensive airfreight. DHL's weekly LCL...
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Deutsche Post DHL Posts Pre-Tax Profit Despite COVID-19 Outbreak
Friday, April 10, 2020 - 3:40pm | 366Read More...The coronavirus pandemic dented first quarter profit by 200 million euros ($218 million) at German logistics giant Deutsche Post DHL Group (OTCMKTS: DPSGY), but officials say the company's geographic and product diversity will help it weather the crisis. Preliminary pre-tax profits of 590 million...
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Today's Pickup: Amazon Insourcing Hurting DHL Globally
Monday, March 16, 2020 - 11:37am | 822Read More...Good day, In its earnings release last week, Deutsche Post World (DPW) noted the impact Amazon.com, Inc.'s (NASDAQ: AMZN) logistics operations is having on its earnings. Morgan Stanley wonders if UPS could face the same fate. "We continue to see significant risk of an Amazon insourcing event at...
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Industry Conferences Cancel On Coronavirus Concerns
Tuesday, March 3, 2020 - 8:54am | 297Read More...On today's episode, Dooner and Chad are back from a busy news weekend that saw the coronavirus claim its first US victim, cause major conferences to cancel, sputter retail supply chains and spread into more states. Jamin Alvidrez calls in on-site from Long Beach where TPM20 was cancelled. He'll...
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Today's Pickup: DHL Ditches Last-Mile Electric Van Project
Monday, March 2, 2020 - 10:45am | 956Read More...Good day, Deutsche Post DHL Group said it will no longer be seeking a buyer for its StreetScooter business and will instead wind down production of the vehicles. StreetScooter, acquired by DHL in 2014, makes electric delivery vehicles. DHL was initially attracted to the startup because it couldn'...
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DHL Express Upgrades Fleet With More 777 Freighters
Monday, February 24, 2020 - 2:39pm | 419Read More...International courier company DHL Express has received the first of six new Boeing 777-200 freighters scheduled for delivery this year as it ramps up capabilities to serve the rapidly growing e-commerce market. The new aircraft arrived last week at Cincinnati/Northern Kentucky International...
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Today's Pickup: Uncertain Contract Status Leads DHL To Issue Potential Notice Of layoffs In Michigan
Monday, February 17, 2020 - 12:32pm | 814Read More...Good day, DHL is reportedly negotiating a new contract with FCA US (NYSE: FCAU), and because it is unsure if that contact will be renewed, the company has filed a Worker Adjustment and Retraining Notification Act (WARN) notice with the state of Michigan. The notice said the company was shutting...
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FreightWaves NOW: Opportunities In The West
Friday, January 24, 2020 - 3:13pm | 86Read More...Director of Market Intelligence Zach Strickland examines a decline in the US Outbound Tender Reject Index in the Carrier Update presented by PowerFleet, SONAR Data Analyst Luke Falasca points to markets in the West for the Broker Update, and Director of Research Kevin Hill and Kyle Lintner,...
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FreightWaves NOW: Capacity Tightens In The Plains
Thursday, January 9, 2020 - 3:17pm | 126Read More...FreightWaves Lead Economist Anthony Smith hosts the show, Director of Freight Market Intelligence Zach Strickland highlights the Plains markets in the Carrier Update, Market Expert Donny Gilbert discusses reefer markets in the Broker update, and Director of Editorial and Research Kevin Hill updates...
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Loss Of DHL Contract Leads To New York Carrier Shutting Down
Tuesday, January 7, 2020 - 9:05am | 380Read More...New York Express and Logistics will shut down after losing a contract with DHL, the company said in a filing in New York state. The company completed a Worker Adjustment and Retraining Notification (WARN) Act filing in New York, citing the loss of a contract with DHL as the reason for the shutdown...
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DHL Supply Chain's Jim Monkmeyer Talks Trade, Customers And The Perception Gap With Shippers
Friday, December 27, 2019 - 8:49am | 1441Read More...Few logistics executives have as deep an understanding of North America's transport modes as Jim Monkmeyer, CEO of managed transportation, Americas for DHL Supply Chain, the world's largest logistics company. Monkmeyer manages shipping services for the unit's North American clients and works with...
