DHL eCommerce

DHL cuts full-year guidance as second-half recovery doesn’t materialize

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German transport and logistics giant DHL Group (DHL.DE) said Wednesday it reduced its 2023 earnings...

https://www.freightwaves.com/news/dhl-cuts-full-year-guidance-as-second-half-recovery-doesnt-materialize

DHL opens new distribution center in US

DHL eCommerce, a division of DHL Group, opened a fully-owned 28,520 m² distribution center in Hebron, Kentucky, 10 minutes from the Cincinnati/Northern Kentucky International Airport (CVG).

The company decided to combine three properties it leased in a business park in the CVG area into this larger, US$74 million distribution center that will employ approximately 400 full and part-time employees.

Meanhwile, DHL has acquired a Honeywell IntelliSort® cross-belt loop sorter capable of processing up...

https://container-news.com/dhl-opens-new-distribution-center-in-us/

Parcel volumes to remain 20% above pre-pandemic rate this year

U.S. lightweight parcel volumes have fallen off considerably since the pandemic drew to a close, yet this year they will still remain 20% above pre-pandemic levels in 2019, according to a report issued Friday by DHL eCommerce Solutions, a unit of Deutsche Post DHL Group.

The 2023 “E-Tailers Almanac” laid out four main trends, based on interviews with online merchants. Among them is that value-conscious consumers will make shipping costs, rather than speed, their top priority when choosing a...

https://www.freightwaves.com/news/parcel-volumes-to-remain-20-above-pre-pandemic-rate-this-year

Deutsche Post DHL posts sizzling Q3 results, raises 2021, 2023 outlooks

A rendering of a mustard-colored DHL electric cargo aircraft flying in the clouds.

German transport and logistics giant Deutsche Post DHL posted very strong third-quarter results on Thursday, with revenue up 23.5% to $23.1 billion, operating profit up 28.6% to nearly $2.1 billion and operating margins increasing to 8.8% from 8.5%.

The company also raised its 2021 guidance for earnings before interest and taxes (EBIT) to a record $8.9 billion, above the initial full-year estimate of nearly $8.1 billion made in early October when the company disclosed preliminary results for the...

https://www.freightwaves.com/news/deutsche-post-dhl-posts-sizzling-q3-results-raises-2021-2023-outlooks

US vaping industry looks for answers as Postal Service ends deliveries

The American e-vapor industry faces a major challenge that has nothing to do with selling to minors, concerns over health risks and black-market knockoffs. It has to do with putting its products in the hands of consumers.

On Thursday, the U.S. Postal Service’s ban on the shipping of all vaping products, which was mandated by Congress late last year, took effect. The Postal Service’s exit, combined with existing delivery bans by FedEx Corp. (NYSE:FDX), UPS Inc. (NYSE:UPS) and DHL eCommerce...

https://www.freightwaves.com/news/us-vaping-industry-looks-for-answers-as-postal-service-ends-deliveries

DHL’s Expedited Max is officially carbon-neutral

DHL eCommerce Solutions' Expedited Max service is now carbon-neutral.

In the wake of the massive sustainability road map that Deutsche Post DHL Group (OTCMKTS: DPSGY) recently shared, DHL eCommerce Solutions is focusing on its most emissions-intensive service, Expedited Max.

DHL eCommerce Solutions recently announced that its Expedited Max U.S. domestic delivery service is now carbon-neutral at no additional cost to customers. 

Making this service officially carbon-neutral will come as no surprise to many because the company offset 100% of emissions associated with...

https://www.freightwaves.com/news/dhls-expedited-max-is-officially-carbon-neutral

‘Dynamic peak season’ provides a record profit for Deutsche Post-DHL

German logistics giant Deutsche Post-DHL is set to report record financial results for 2020, “fuelled by an extremely dynamic peak season”.
It has released preliminary figures that show it expects to beat its previous ebit guidance by over €400m ($487m).
Its guidance for earnings before interest and tax (ebit) was in the €4.1bn to €4.4bn range, but yesterday said it was expected to be €4.84bn.
Group revenues for the year increased by 5% …

The post ‘Dynamic peak season’ provides a record profit...

https://theloadstar.com/dynamic-peak-season-provides-a-record-profit-for-deutsche-post-dhl/

Deutsche Post DHL posts solid third-quarter results

Deutsche Post DHL Group (NASDAQ:DPSGY) Tuesday posted a 4.4% year-on-year increase in group revenue to US$19.1 billion, with “organic” revenue up 9% after adjusting for a gain in the quarter from currency fluctuations.

The Bonn, Germany-based transport and logistics giant posted third-quarter earnings before interest and taxes (EBIT) of $1.62 billion, up 46% from the year-earlier period. Diluted earnings per share grew nearly 49% to 79 cents per share, the company said.

Deutsche Post DHL had...

https://s29755.pcdn.co/news/deutsche-post-dhl-posts-solid-third-quarter-results

E-commerce the star performer, driving growth for DP-DHL in Q3

DP-DHL enjoyed a strong third quarter on the back of surging e-commerce volumes, and looks set for a better full-year performance than in 2019.
Revenues in Q3 grew 4.4% year on year, to €16.2bn ($1.65bn), while ebit increased 50% to €1.4bn, and the group now anticipates ebit of €4.1bn to €4.4bn for 2020, against last year’s €4.1bn.
Free cash flow increased by more than €750m to some €1.3bn, and the group has …

The post E-commerce the star performer, driving growth for DP-DHL in Q3 appeared first...

https://theloadstar.com/e-commerce-the-star-performer-driving-growth-for-dp-dhl-in-q3/

Mesa Airlines makes first cargo flight for DHL

A small white regional jet taxis in foreground, while a larger United 737 is in background.

Mesa Air Group (NASDAQ: MESA), a regional carrier for American Airlines and United Airlines, announced it operated its first revenue-generating cargo flight for DHL Express on Monday from its hub at Cincinnati/Northern Kentucky International Airport.

Cargo is a new line of business for Mesa, which is operating two Boeing 737-400 converted freighters under a five-year contract with the express delivery company. The second aircraft is scheduled to enter service in November.

Flying 737s is also new...

https://www.freightwaves.com/news/mesa-airlines-makes-first-cargo-flight-for-dhl

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