High airfreight rates help DHL to strong Q3 profit

DHL Express facility at Chicago O'Hare Airport (ORD).

Even as airfreight rates stabilized during the third quarter across some trade lanes, Deutsche Post DHL Group saw year-over-year increases in airfreight revenue and gross profit as rates remained significantly elevated from year-ago levels. Airfreight volumes were down by 14.1% YoY in Q3, due mostly to declines in shipments to China and from the U.S., […]

 

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