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Globalization remains at a record level, despite geopolitical tensions and uncertainties, say DHL and New York University’s Stern School of Business in the latest issue of the DHL Global Connectedness Tracker, published on 19 November.
In 2023, 21% of the value of all goods and services produced around the world was traded internationally – just shy of the all-time high of 22% first reached in 2008 and matched in 2022.
The Connectedness ...
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DHL Group posted revenue of €20.6 billion in the third quarter of 2024, up 6.2% compared with the same period of 2023. Operating profit (EBIT) was €1.37 billion, similar to last year.
Chief executive Tobias Meyer said that global trade momentum was weak but the group had significantly increased revenue in ...
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DHL Group is to extend its Supply Chain services in the United Arab Emirates through a transfer of operations from DHL Global Forwarding. In addition to existing cross border transportation, forwarding and freight services under the Group’s global forwarding division, DHL Supply Chain will now offer its full suite of ...
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DHL Global Forwarding and pharma company Alexion, AstraZeneca Rare Disease are to use hydrogenated vegetable oil (HVO) diesel on domestic and international routes from Dublin and Athlone. The fuel will reduce annual greenhouse gas emissions by up to 90%.
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DHL has become an official partner to War Child UK, a specialist charity that supports children affected by conflict. War Child UK works in conflict-affected countries in the Americas, Africa, Asia, Europe and the Middle East. DHL will provide transportation, distribution and other logistical support to help the charity reach ...
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DHL Group unveiled a plan for sustainable growth up to 2030 on 24 September. It said it would strive to increase revenue by 50% by targeting high-growth markets and sectors. But it would also reinforce its commitment to decarbonization and integrate sustainability into its existing strategic framework.‘Strategy 2030 – Accelerate ...
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Formula 1 and its logistics partner DHL are to Sustainable Aviation Fuel (SAF) for their airfreight movements, they announced at a press conference in Singapore on 20 September.
From March of this year, starting with the Australian Grand Prix, Formula 1 has been working with DHL Global Forwarding’s GoGreen Plus service ...
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DHL Express is investing over €100 million in transport and handling capacity in the fourth quarter in anticipation of increased demand for express services during the traditional end-of-year peak season.
The company is investing in eight new Boeing 777 freight aircraft on trans-Pacific and intercontinental routes between Asia and Europe, It ...
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DHL Group said its second quarter 2024 revenue was slightly higher than in the previous year at €20.6 billion versus €20.1 billion despite the persistently weak economic environment. However, operating profit (EBIT) was below the prior-year level at €1.35 billion (Q2 2023: €1.7 billion). However, a comparison with EBIT in ...
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Getting an electric race car to move at up to 200mph is the easy bit. What can be far tougher is squeezing the last grams of CO2 emissions out of the supply chain that brings the Formula E championship to 132 races, 33 cities and 24 countries.
DHL has been delivering ...
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