DHL

DHL cargo plane crashes trying to land near Lithuania airport

One crew member is dead and three others hospitalized after a DHL cargo aircraft crashed on approach to the Vilnius International Airport in Lithuania.

The cargo flight was operated by Madrid based carrier Swiftair on behalf of DHL. It had taken off from Leipzig, Germany, and was scheduled to land in Vilnius.

The Boeing 737 crashed around 4:30 a.m. central European time (CET) on Monday as it tried to land at the airport, exploding into a fireball after it ploughed into the courtyard of a house,...

https://www.freightwaves.com/news/dhl-cargo-plane-crashes-trying-to-land-near-lithuania-airport

Over 2,400 layoffs hit supply chain-related firms across US

Layoffs continue across the freight and logistics industry, with 2,402 job cuts announced by companies in Arizona, California, Georgia, Illinois, Missouri, Ohio and Texas over the past three weeks.

True Value Co.

Hardware wholesaler True Value Co. filed for Chapter 11 bankruptcy Oct. 14 and plans to sell the majority of its assets to competitor Do it Best for $153 million.

The Chicago-based company operates as a member-owned wholesaler cooperative that sells products to hardware sellers, garden...

https://www.freightwaves.com/news/over-2400-layoffs-hit-supply-chain-related-firms-across-us

DHL Express appoints new CEO for MENA region

DHL Express has announced the appointment of Abdulaziz Busbate as the new Chief Executive Officer (CEO) for the Middle East and North Africa (MENA) region, effective 1 January 2025.

Busbate will succeed Nour Suliman, who has recently taken on a non-executive advisory role within DHL Group as President of MENA region. Based in Bahrain, Busbate will report directly to John Pearson, CEO of DHL Express.

With 24 years of leadership experience at DHL Express, Busbate brings a wealth of expertise to his...

https://container-news.com/dhl-express-appoints-new-ceo-for-mena-region/

European officials probe attempted air shipments of incendiary devices

This story originally appeared on AirlineGeeks.com.

Two incendiary devices bound for delivery by DHL from Europe to North America were discovered this summer, prompting Western officials to investigate their origin.

A Wall Street Journal report broke the news Monday that the devices caught fire at DHL’s logistics hubs in Leipzig, Germany, and Birmingham, England, in July. The report stated that investigators in Europe have determined the electric massagers implanted with a flammable substance...

https://www.freightwaves.com/news/european-officials-probe-attempted-air-shipments-of-incendiary-devices

DHL getting 2 Nikola hydrogen trucks, and they aren’t in California

Truck companies and shippers regularly announce the addition of new zero emission vehicles to their fleets, most of them battery-powered. And there are announcements of hydrogen-powered trucks as well, though that has almost exclusively been in California, which has a combination of coming mandates and the Low Carbon Fuel Standard, which allows the owners of those hydrogen vehicles to earn LCFS credits that can be sold into an active market for those assets.

With all that in mind, it was notable...

https://www.freightwaves.com/news/dhl-getting-2-nikola-hydrogen-trucks-and-they-arent-in-california

Over 600 layoffs hit supply chain firms in California, Illinois and New York

More layoffs were announced by companies in the freight and logistics industry, with firms in California, Illinois and New York reducing head count and closing facilities in recent weeks.

Amazon

E-commerce giant Amazon is closing a fulfillment center in Chicago and laying off 211 employees, the company said in a filing with the Illinois Department of Commerce.

The company will begin laying off employees at the fulfillment center on Nov. 13.

Officials for Amazon (NASDAQ: AMZN) said the company...

https://www.freightwaves.com/news/over-600-layoffs-hit-supply-chain-firms-in-california-illinois-and-new-york

Wärtsilä Water & Waste collaborates with DHL to elevate supply chain efficiency

Wärtsilä Water & Waste, a division of the Wärtsilä technology group, has announced a new partnership with DHL Supply Chain.

Under this agreement, DHL will oversee the warehousing and logistical operations for spare parts, aiming to further enhance the efficiency of Wärtsilä Water & Waste’s supply chain and bolster operational capabilities in anticipation of the business’s upcoming sale.

This collaboration aligns with Wärtsilä Water & Waste’s strategic objectives to prepare the business for...

https://container-news.com/wartsila-water-waste-collaborates-with-dhl-to-elevate-supply-chain-efficiency/

DHL records lower earnings, remains “prepared for when trade regains momentum”

Germany-based global logistics company DHL Group reported revenue of €20.6 billion (US$22.6 billion) and operating profit (EBIT) of €1.35 billion (US$1.48 billion) in the second quarter of the year.

Melanie Kreis, Chief Financial Officer of DHL Group, commented, “Air and ocean freight volumes further improved in the second quarter from a low starting level. However, we are not observing a broad-based recovery of global trade yet. We are also seeing a modest improvement in B2B volumes at Express,...

https://container-news.com/dhl-records-lower-earnings-remains-prepared-for-when-trade-regains-momentum/

Borderlands Mexico: Surging cross-border flows a boon for operators like DHL

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Surging cross-border flows a boon for operators like DHL; Cargo rail theft up 99% across Mexico in May; Australian clothing retailer selects Cart.com as US fulfillment partner; and Venture Solutions opens logistics warehouse in Laredo, Texas.

Surging cross-border flows a boon for operators like DHL

For DHL Global Forwarding, Mexico has become one of the hottest supply...

https://www.freightwaves.com/news/borderlands-mexico-surging-cross-border-flows-a-boon-for-operators-like-dhl

DHL eyes freight recovery after subdued 1H

DHL Group said Thursday that operating profit fell 20.5% in the second quarter. But it is on track to meet full-year targets as sluggish economic activity weighs on international trade and freight transportation. 

DHL’s (DXE: DHL) revenue bumped up 2.7% to 20.6 billion euros ($22.3 billion) while earnings before interest and taxes slumped to $1.5 billion, in line with internal projections. Operating profit, however, was significantly better than the $857 million in the second quarter of 2019,...

https://www.freightwaves.com/news/dhl-eyes-freight-recovery-after-subdued-1h

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