DHL Group said Thursday that operating profit fell 20.5% in the second quarter. But it is on track to meet full-year targets as sluggish economic activity weighs on international trade and freight transportation.
DHL’s (DXE: DHL) revenue bumped up 2.7% to 20.6 billion euros ($22.3 billion) while earnings before interest and taxes slumped to $1.5 billion, in line with internal projections. Operating profit, however, was significantly better than the $857 million in the second quarter of 2019,...
https://www.freightwaves.com/news/dhl-eyes-freight-recovery-after-subdued-1h