DP-DHL

Air freight the star performer for DP-DHL in ‘a challenging year’

Air freight proved the star performer for Deutsche Post-DHL (DP-DHL) in 2018 as its Express and Global Freight Forwarding divisions posted healthy returns.
However, a 56% decline in its Post, E-commerce, and Parcel (Pep) business depleted the profits of other divisions to leave the operator 15.5% down on last year.
Chief executive Frank Appel told investors 2018 had been a “challenging” year, but added that the final months had allowed the company …

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Globalisation ‘too big to fail’, and Brexit and Trump haven’t dented trade either

Protectionist backlash sweeping across the world will not dent globalisation in the long-term, according to DHL Express chief executive John Pearson.
He told journalists yesterday, at the launch of DHL’s Global Connectedness Index report, the “fundamentals” of trade were as “strong as they have ever been”.
“Globalisation is too big to fail,” he said, “and this wave of populism we have experienced over the past two to three years is a wave we …

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Global trade still growing and flowing – but is becoming more regionalised

Supply chains are becoming increasingly regionalised, particularly in Asia and Europe, while trade intensity is in decline, according to new research on globalisation published today.
While trade is still growing in absolute terms, cross-border goods have declined from 28.1% of the total share in 2007 to 22.5% in 2017, and volume growth has slowed from 2.1 times faster than GDP to 1.1, according to McKinsey’s Globalisation in Transition: the future of …

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