Deutsche Post DHL Group

Globalization not going into reverse, annual index finds

Despite much hand-wringing to the contrary over the past three years, the end of globalization is nowhere near nigh.

The 10th annual DHL Global Connectedness Index, released Wednesday by Deutsche Post DHL Group (OTCUS: DPSGY) and New York University’s Stern School of Business, found that more merchandise trade moved over longer distances in 2021 than at almost any time in the past 12 years. The preliminary 2022 data points to a further increase, despite slower growth in some trade flows.

Internati...

https://www.freightwaves.com/news/globalization-not-going-into-reverse-annual-index-finds

Report: China’s share of global trade growth to plunge in next 5 years

Truck at Shanghai's deep-water container terminal.

China’s share of global trade growth will decline by half over the next five years as businesses diversify their international production and distribution networks and the country focuses more attention on building its domestic supply base, according to a report released Thursday.

The report, developed by New York University’s Stern School of Business and German transport and logistics giant Deutsche Post DHL Group, forecasts that China’s share of global trade growth–imports and exports–will...

https://www.freightwaves.com/news/report-chinas-share-of-global-trade-growth-to-plunge-in-next-5-years

Deutsche Post DHL rides B2B wave to strong Q1 results

German shipping and logistics giant Deutsche Post DHL Group on Tuesday reported strong first-quarter revenue and earnings gains as it capitalized on a rebound in business-to-business demand and withstood a retreat to historical trends of business-to-consumer activity.

The Bonn-based concern (OTCUS: DPSGY) reported earnings per share of $1.16, exceeding analysts’ estimates of $1.04. Earnings before interest and taxes rose to more than $2.3 billion from $2 billion. Revenue rose nearly 20% to...

https://www.freightwaves.com/news/deutsche-post-dhl-rides-b2b-wave-to-strong-q1-results

Probe begins on why DHL freighter broke apart on landing

U.S. aviation investigators are en route to the Costa Rican capital of San José this weekend to investigate why a DHL Express Boeing 757-200 freighter skidded off the runway on Thursday morning and broke in half before careening to a stop.

The aircraft bound for Guatemala City had just taken off when the two-person crew notified air traffic control of mechanical problems and requested to make an emergency return landing at Juan Santamaria International Airport. After touchdown, the plane veered...

https://www.freightwaves.com/news/probe-begins-on-why-dhl-freighter-broke-apart-on-landing

Neste, BP to provide DHL Express 211M gallons sustainable aviation fuel

DHL Express will source 800 million liters of sustainable aviation fuel from Neste and BP.

DHL Express announced on Monday that it has entered into agreements with BP and Neste to make its air cargo operations more sustainable. BP and Neste have committed to provide DHL Express more than 211 million gallons of sustainable aviation fuel (SAF) in the next five years.

DHL called them “two of the largest ever” SAF deals.

DHL predicts that the agreements will save about 2 million tons of carbon dioxide emissions over the aviation fuel life cycle. That is the greenhouse gas equivalent of the...

https://www.freightwaves.com/news/neste-bp-to-provide-dhl-express-211m-gallons-sustainable-aviation-fuel

DHL signs 3-year deal for 33 million liters of sustainable aviation fuel

DHL purchased 33 million liters of sustainable aviation fuel.

DHL Global Forwarding, an air and ocean freight division of Deutsche Post DHL Group, on Tuesday signed a three-year agreement with Air France KLM Martinair Cargo (AFKLMP) for the purchase of 33 million liters of sustainable aviation fuel (SAF).

DHL called the deal one of the “most significant” purchases of SAF in freight forwarding. This purchase of SAF from AFKLMP is part of DHL’s sustainability goals, which aim to reduce all logistics-related emissions to zero by 2050 by investing $8.25...

https://www.freightwaves.com/news/dhl-signs-3-year-deal-for-33-million-liters-of-sustainable-aviation-fuel

DHL Supply Chain buying fleet of mobile warehouse robots

Contract logistics giant DHL Supply Chain said Wednesday it will spend $15 million on a fleet of mobile robots being developed by Boston Dynamics.

Under the three-year agreement, Waltham, Massachusetts-based Boston Dynamics will begin deploying Stretch (pictured), the name given the mobile robots, this spring. An undetermined number of robots will go to multiple DHL’s Supply Chain facilities in North America, but the company would not disclose the number of facilities or their locations. The...

https://www.freightwaves.com/news/dhl-supply-chain-buying-fleet-of-mobile-warehouse-robots

DHL launches green carrier certification

Deutsche Post DHL Group introduced a green carrier certification.

Deutsche Post DHL Group is ending 2021 with another sustainability announcement. The Bonn, Germany-headquartered delivery company introduced a green carrier certification last week as part of its sustainability road map.

The certification was designed to reward DHL’s road transport subcontractors that are taking actions to reduce greenhouse gas emissions.

DHL has a target to reduce GHG emissions to below 29 million tons by 2030 and reach net-zero emissions by 2050. The green carrier certification...

https://www.freightwaves.com/news/dhl-launches-green-carrier-certification

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

Deutsche Post DHL reports best first-quarter results in its history

Deutsche Post DHL Group (NASDAQ:DPSGY) reported on Wednesday strong first-quarter results that led the German transport and logistics giant to substantially increase full-year earnings guidance and cash flow targets.

For the quarter, revenue rose 26% from 2020 levels to $22.7 billion, while free cash flow increased by one-third to $1.9 billion. Earnings before interest and taxes (EBIT) more than tripled to nearly $2.3 billion. Net income rose to more than $1.4 billion. The profit figures were...

https://s29755.pcdn.co/news/deutsche-post-dhl-reports-best-first-quarter-results-in-its-history

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