courier services

Final-mile adapts to e-commerce surge and rise in employment

The COVID-19 pandemic may have caused lengthy slowdowns early on across the logistics landscape, but it hasn’t prevented courier and final-mile delivery companies from darting across cities. In fact, the sector has adapted quite nicely and looks to remain busy as online retail sales and employment within the sector continue an upward trend.

The addition of 8,000 courier and messenger jobs nationwide in August raised some eyebrows as the sector’s total employment figure rose to 923,300 — an...

https://www.freightwaves.com/news/final-mile-adapts-to-e-commerce-surge-and-rise-in-employment

Deutsche Post DHL beats back COVID-19 with Q2 profit

DHL Express

Deutsche Post DHL Group (OTCMKTS: DPSGY) said its diversity of services allowed it to pick up the pieces of a pandemic-shattered international supply chain and generate a healthy second-quarter profit.

The company’s pretax profit for the quarter increased 18.6% to 912 million euros (US$1.08 billion), compared to 769 million euros ($913 million) for the same period last year and a 2% increase over initial Q2 projected results in early July.

“We have never been in better shape and I am confident...

https://s29755.pcdn.co/news/deutsche-post-dhl-beats-back-covid-19-with-q2-profit

COVID-19 response boosts Deutsche Post DHL’s Q2 profit

Frank Appel, CEO of Deutsche Post DHL Group (OTCMKTS: DPSGY), said the German logistics company used its diverse services portfolio to outflank the coronavirus pandemic and significantly increase its second-quarter profit.

The company’s preliminary pretax profit for the quarter increased 16% to 890 million euros ($1 billion), compared to 769 million euros ($868 million) for the same period last year.

“Our fundamental strength and resilience as a group has paid off in recent months,” Appel said in...

https://s29755.pcdn.co/news/covid-19-response-boosts-deutsche-post-dhls-q2-profit