North American peak inventory levels balanced, DHL unit CEO says

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North American manufacturers and retailers hold sufficient in-stock inventory heading into the...

https://www.freightwaves.com/news/north-american-peak-inventory-levels-balanced-dhl-unit-ceo-says

War increases Israel’s demand for imports

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Israel will need to import more goods because the war effort makes domestic production more...

https://www.freightwaves.com/news/war-increases-israels-demand-for-imports

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 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/

Daily Infographic: DHL investing $560M to expand supply chains in Mexico, South America

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The post Daily Infographic: DHL investing $560M to expand supply chains in Mexico, South America appeared first on FreightWaves.

https://www.freightwaves.com/news/daily-infographic-dhl-investing-560m-to-expand-supply-chains-in-mexico-south-america

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