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 Express raises US rates by 5.9%

DHL Express, the international air delivery service of DHL, will impose a 5.9% general rate increase on its U.S.-originating shipments in 2024.

The rate increase, announced Friday, takes effect Jan. 1. The increase is 200 basis points above the 7.9% increase that DHL Express imposed on shipments tendered during 2023.

The 2024 increase matches the 5.9% rate increases imposed by UPS Inc. (NYSE: UPS) and FedEx Corp. (NYSE: FDX).

The increases by the carriers apply to customers not tendering parcels...

https://www.freightwaves.com/news/dhl-express-raises-us-rates-by-5-9

DHL relocates A300 freighters to Europe for better sustainment

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SEATTLE — DHL Express is transferring nine Airbus A300-600 freighters to Europe and replacing them...

https://www.freightwaves.com/news/dhl-relocates-a300-freighters-to-europe-for-better-sustainment

DHL Express opens freighter route to Argentina

DHL Express has expanded its network with the introduction of the first dedicated freighter flight to Argentina, giving importers and exporters improved shipment reliability and faster delivery. 

The global express powerhouse announced Tuesday that Panama-based DHL Aero Expreso operates the Boeing 767-300 flight six times per week between Miami and Buenos Aires, with a stopover in Santiago, Chile.

Prior to the new network flight, DHL provided air transport to Argentina by tendering parcels and...

https://www.freightwaves.com/news/dhl-express-opens-freighter-route-to-argentina

DHL posts decent Q2 results despite economic headwinds

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DHL Group overcame weak economic conditions and reported decent second-quarter results, the German...

https://www.freightwaves.com/news/dhl-posts-decent-q2-results-despite-economic-headwinds

DHL Express to build $192M in maintenance hangar at CVG superhub

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DHL Express announced Monday it will invest $192 million to build an aircraft maintenance facility...

https://www.freightwaves.com/news/dhl-express-to-build-192m-in-maintenance-hangar-at-cvg-superhub

DHL Express gets local approval for California air hub

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DHL Express is a large step closer to establishing an air hub on the West Coast by mid-decade after...

https://www.freightwaves.com/news/dhl-express-gets-local-approval-for-california-air-hub

DHL Air Austria seeks US access for incoming 767 freighters

A DHL regional cargo airline that operates a fleet of midsize Boeing 757 cargo jets from its base in Austria expects to add four Boeing 767 converted freighters this year for its European network but is seeking the option to fly them to the U.S. 

DHL Air Austria will deploy 767-300 cargo jets in September to deliver packages and freight in Europe, a spokesman said in an email message that didn’t mention a specific number of aircraft. A request to U.S. authorities to open U.S. routes is purely...

https://www.freightwaves.com/news/dhl-air-austria-seeks-us-access-for-incoming-767-freighters

Deutsche Post DHL reports strong 2022 results, moderating Q4 performance

German transport and logistics giant Deutsche Post DHL reported Thursday somewhat slack fourth-quarter 2022 results as macroeconomic growth slowed. However, the numbers did little to obscure the strong year that the company experienced.

In the fourth quarter, total revenue came in at $24.7 billion (23.77 billion euros), a 1.7% year-on-year gain. Profits from operating activities dropped 13% to $2.02 billion. Diluted earnings per share was $1.15, a 7.6% year-on-year decline but above analysts’...

https://www.freightwaves.com/news/deutsche-post-dhl-reports-strong-2022-results-moderating-q4-performance

DHL becomes 1st cargo operator at Mexico’s new $4b airport

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Logistics giant DHL recently began cargo flights out of its new $55 million facility at the Felipe...

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