PeP woes continue for Deutsche Post-DHL in Q4 earnings

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 for 4Q and 15.5% for the full year of 2018 due to sharp declines in the Post-eCommerce-Parcel (PeP) segment. PeP EBIT fell 28.4% and […]
  • Caryn Livingston
  • March 7, 2019

Trade grows globally, but at slower pace, says DHL index

In spite of the chill wind blowing from the ongoing U.S.-China trade war and recent tariff escalations, the latest reports from DHL’s Global Trade Barometer index shows that world trade will continue to grow over the next three months, albeit at a slower pace, the Germany-based integrator said. According to the latest forecast from DHL’s index, […]
  • Randy Woods
  • September 27, 2018

Amazon adds 210 acres to future Cincinnati airport hub

Amazon’s senior vice president of operations, Dave Clark, announced last week that the Seattle-based retailer had just added a parcel of land to the site of its future air operations hub at the Cincinnati/Northern Kentucky Airport (CVG), following last year’s plans to invest US$1.5 billion into the project. “Amazon Air [is] getting ready for take-off […]
  • Lewis King
  • January 17, 2018

DHL ‘Innovation Day’ winners introduce new logistics tech

At Deutsche Post-DHL’s 2017 “Innovation Day” at its Bonn, Germany, Innovation Center, the winners of a series of technology “challenges” introduced new products, including autonomous warehouse robots, an online platform for package drop-offs and an internet of things (IoT) approach to online shopping, among other new logistics offerings. As the winner of the Robotics Challenge, […]
  • Caryn Livingston
  • December 8, 2017

DHL Global Forwarding recovers during record Q4 for DP-DHL

While reporting record profits for the 2016 fiscal year, and it’s best-ever performance in the fourth quarter, Deutsche Post-DHL’s exuberance over its end-of-year report was tempered a bit by its airfreight performance. The integrator’s DHL Global Forwarding (DHL-GF) arm, which happens to be the world’s largest forwarder of air cargo, saw volumes drop 1.3 percent, […]
  • Randy Woods
  • March 10, 2017

Deutsche Post-DHL’s Frank Appel: Air Cargo Executive of the Year

Rumors had been fluttering around all spring and summer of 2015, but the gravity of the situation at DHL-Global Forwarding, Freight (DHL-GFF), didn’t hit home until August. That’s when the company announced that it was “temporarily suspending” the rollout its new, comprehensive IT management system, the New Forwarding Environment (NFE). In early spring, the CEO […]
  • Randy Woods
  • December 1, 2016

DP-DHL’s Frank Appel: Embracing innovation

Frank Appel tours DHL's Leipzig facility. Photo: Volker Hartmann/DHL As can be seen with his site visits to various branch offices during the NFE crisis, Frank Appel may appear to be a hands-on CEO, ready to dive in and solve problems. In reality, though, he said his first inclination is to let his staff do […]
  • Randy Woods
  • November 26, 2016

DP-DHL’s Frank Appel: Finding the right chemistry

Frank Appel’s business acumen came not from an MBA program but initially from a science textbook. He earned his Masters degree in chemistry at the University of Munich in 1989, followed by a Ph.D in neurobiology at the Swiss Federal Institute of Technology in 1993 (although he demurs from using the “Dr.” title). Having trouble […]
  • Randy Woods
  • November 26, 2016

Parcel traffic ambitions overcome European borders

Britain’s vote for the “Brexit” may have dealt a blow to the European Union, but the vision of an integrated European parcel network is very much alive, thanks to the Deutsche Post DHL Group (DP-DHL). The German postal, express and logistics giant is acquiring a strong presence in the British market with the takeover of […]
  • Ian Putzger
  • November 2, 2016

DHL restructuring pays off with higher Q2 operating profits

Deutsche Post-DHL’s ambitious 2015 restructuring agenda is beginning to pay dividends, with the company posting record-high second quarter results. Earnings before interest and taxes (EBIT) rose 40 percent to a record US$832.25 million for the second quarter, prompting DHL to reconfirm its expected financial position for full-year 2016: a consolidated EBIT of between $3.79 billion […]
  • Lewis King
  • August 4, 2016