DHL

German logistics and mail giant Deutsche Post DHL Group (OTCMKTS: DPSGY) reported a 4.7% year-on-year increase in third-quarter revenue on November 12, boosted by gains in its intra-German parcel and its international air express businesses. Operating profit, measured as earnings before interest...

DHL Global Forwarding has launched a new rail express service from China to Europe offering transit times of just 10 to 12 days. Launched in partnership with Xi'an International Inland Port Investment & Development Group Co., DHL said the service from Xi'an in China to Hamburg and Neuss in...

We are regularly enhancing and improving SONAR to meet the needs of the ever-changing freight market and the needs of our customers. To help keep SONAR users informed, we deliver a brief recap of newly released data sets, market indices, and product feature improvements in our This Week in SONAR...

DHL will invest C$100 million to quadruple capacity at its Toronto-area gateway to handle growing volumes of cargo. The investment will fund a new facility at Hamilton International Airport, located 50 miles from Toronto, boosting the size from about 200,000 to 800,000 square feet. A fully...

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 operations; Carrier partners with Fr8Hub to expand Mexico shipping; Logistics firm opens new...

Logistics giant Deutsche Post DHL Group announced its new five-year group strategy where it has set aside €2 billion ($2.178 billion) for investing in the end-to-end digitalization of its logistics operations. Titled "Strategy 2025 – Delivering excellence in a digital world," the company seeks to...

Air and ground express firm DHL Express announced September 27 a 5.9% general rate increase on shipments moving to and from the U.S., effective January 1, 2020. The increases are for tariff, or published, rates. Contract rates will differ depending on the specific customer. However, contract...

IKEA has opened a distribution center near Toronto, its first in Canada operated by a third party, DHL Supply Chain. The Swedish retailer officially opened the facility in Kleinburg, Ontario, on Sept. 19, but it has been gradually scaling operations for the past two months.  The 550,000-square-...

Good day, Germany's cabinet backed a proposed law that will require companies to pay social security for contractors who deliver parcels. The cabinet approved the draft legislation on Sept. 18. If approved by Parliament, it will require employers to pay social security taxes for contracted...

If things break right for express and logistics giant Deutsche Post DHL (DPDHL), many of the products and services it rolls out across the Americas over the next 50 years will spring from the building that opened September 12 in the Chicago suburb of Rosemont, Illinois. The company's Americas...

Contract logistics giant DHL Supply Chain said Sept. 11 it has partnered with truck load-matching platform Convoy to access carriers and rates, making it the first third-party logistics provider to collaborate with Convoy. Under the agreement, DHL Supply Chain, a unit of German conglomerate...

German postal, transport and logistics giant Deutsche Post DHL Group (DPDHL) posted a 3 percent second-quarter revenue gain to EUR $15.4 billion (US$17.3 billion), with a 2.9 percent rise in operating profit to EUR 769 million. However, net profit, and basic and diluted earnings per share fell...

Freight forwarder Deutsche Post DHL CEO Frank Appel spoke to a German regional newspaper, mentioning that the company plans to provide its customers near-exact delivery time forecasts by email in advance. This email message will be followed with another alert 15 minutes before the package reaches...

More ink has been spilled and more cyberspace filled writing about business-to-consumer (B2C) e-commerce than almost any trend on the planet. But there is a segment that's nearly twice as large, yet gets a fraction of the attention – business-to-business (B2B) e-commerce. B2B domestic e-commerce...

Purolator has hired a former DHL executive in a bid to strengthen the Canadian transportation and logistics firm's cross-border and international business.  Paul Tessy joins the Toronto-based company as senior vice president, overseeing its international division. He spent 13 years in a variety of...