Deutsche Post DHL posts Q2 gains, affirms elevated guidance

Parcel trucks outside a DHL Express facility in the U.S.

German transport and logistics giant Deutsche Post DHL on Thursday reported a 22% second-quarter gain in revenue, and confirmed its medium-term earnings guidance that had been raised last month.

The gains were fueled by the company’s DHL Express unit, which reported a 30% gain in year-over-year revenue, and a rebound in its DHL Supply Chain business, which had struggled before the COVID-19 pandemic and then got hit again once the crisis enveloped the global shipping environment.

The company...

https://www.freightwaves.com/news/deutsche-post-dhl-posts-q2-gains-affirms-elevated-guidance

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