Deutsche Post DHL Group

Deutsche Post DHL Group dedicating $8.25B to green tech

Deutsche Post DHL Group released a sustainability road map with several ESG goals.

Deutsche Post DHL Group (OTCMKTS: DPSGY) is investing a whopping 7 billion euros ($8.25 billion) in green technologies between now and 2030 to fight climate change. As part of its sustainability road map released last week, the company also made a commitment to donate 1% of net profits to social impact projects and programs.

“We have a responsibility, being the 11th-largest private employer in the world,” to lead the way and take action on climate change, Scott Sureddin, CEO at DHL Supply Chain...

https://s29755.pcdn.co/news/deutsche-post-dhl-group-dedicating-8-25b-to-green-tech

As expected, Deutsche Post DHL posts strong 2020 results

German logistics giant Deutsche Post DHL Group (OTCMKTS: DPSGY) reported Tuesday that its 2020 operating profit hit about $5.8 billion, higher than the original estimates of between $4.9 billion and $5.3 billion and essentially matching preliminary results the company disclosed in January.

DPDHL also forecast about $6.6 billion in 2021 operating profit, slightly above the preliminary forecast in January. DPDHL, which traditionally delivers rolling three-year forecasts, predicted that 2023...

https://s29755.pcdn.co/news/as-expected-deutsche-post-dhl-posts-strong-2020-results

Deutsche Post DHL posts record 2020 bottom-line results

Deutsche Post DHL (OTCMKTS: DPSGY) said Wednesday that 2020 operating profits hit record levels and significantly surpassed its original guidance for the year, as demand for the company’s services surged due to the impact of the novel coronavirus on global ordering behavior and a positive environment for freight services in general.

Operating profit, reported as earnings before interest and taxes (EBIT), came in at $5.88 billion, exceeding the original EBIT estimates of $4.9 billion to $5.3...

https://s29755.pcdn.co/news/deutsche-post-dhl-posts-record-2020-bottom-line-results

Career Tracks: DHL Freight and ev Transportation make moves

DHL Freight, a leading road freight provider in Europe, has announced two changes to its leadership team.

Anabela Pires has taken over as CEO for central eastern and southern Europe, the Americas, Middle East and Africa (CESE and AMEA). Thomas Vogel has become the CEO for DHL Freight’s Germany, Austria and Switzerland cluster. 

“As a global logistics company with employees in over 220 countries and territories worldwide, diversity is key for us. We are committed to leading by example on this...

https://s29755.pcdn.co/news/career-tracks-dhl-freight-and-ev-transportation-make-moves

DHL Global Forwarding picks new Americas CEO

DHL Global Forwarding

DHL Global Forwarding has picked Tim Robertson to serve as its new CEO for the Americas, effective Thursday.

Robertson succeeds Bill Meahl, who will retire from the division of German courier Deutsche Post DHL Group (OTCMKTS: DPSGY) next September.

Robertson joined DHL in 2002 as vice president of strategic development for the forwarding division. He also served in senior management positions involving the company’s operations, business development and marketing and sales in the Americas and...

https://s29755.pcdn.co/news/dhl-global-forwarding-picks-new-americas-ceo

DHL takes carbon out of LCL service

DHL Global Forwarding

While the coronavirus pandemic dented global trade flows this year, DHL Global Forwarding has not taken its eye off an effort to reduce pollution related to ocean container freight transportation.

The subsidiary of German courier giant Deutsche Post DHL Group (OTCMKTS: DPSGY) announced this week it will eliminate carbon emissions related to its customers’ international less-than-container load (LCL) ocean shipments starting Jan. 1.

DHL Global Forwarding said its zero-carbon-emission LCL service...

https://www.freightwaves.com/news/dhl-takes-carbon-out-of-lcl-service

DHL aims to advance women in its ranks

DHL

Deutsche Post DHL Group (OTCMKTS: DPSGY) has stepped up its commitment to recruit, retain and promote women in its management ranks by announcing a new policy that provides three months of maternity leave at 100% pay for its North American supply chain unit.

The policy takes effect Jan. 1 and will also apply to adoptive parents, the company said.

Meredith Singletary, senior human resources director for DHL Supply Chain, North America (Photo: Courtesy)

“We firmly believe that the introduction of...

https://www.freightwaves.com/news/dhl-aims-to-advance-women-in-its-ranks

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

Siemens Healthineers taps DHL to manage North American distribution

Medical technology company Siemens Healthineers (OTCMKTS: SMMNY) has entered a 10-year service agreement with DHL Supply Chain to oversee its product distribution in North America.

The distribution operation will be housed at a DHL Supply Chain-owned facility in Memphis, Tennessee. Siemens Healthineers is expected to occupy about 260,000 square feet of the 422,000-square-foot facility. It will include 105 employees.

Neither company disclosed financial terms of the service agreement.

The facility...

https://s29755.pcdn.co/news/siemens-healthineers-taps-dhl-to-manage-north-american-distribution

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

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