DHL

International shipping giant DHL is ceasing development of its Parcelcopter delivery drones, according to a Monday report in German publication WELT. That halts the company's nearly decadelong quest to become a leader in the emerging drone industry. "We are not continuing the Parcelcopter project...

German transport and logistics giant Deutsche Post DHL on Thursday reported a 22% second-quarter gain in revenue, and confirmed its medium-term earnings guidance that had been raised last month. The gains were fueled by the company's DHL Express unit, which reported a 30% gain in year-over-year...

Global parcel delivery giant DHL Express placed its first order for electric cargo jets, becoming an early airline adopter of alternative propulsion systems that address broader sustainability concerns while supporting e-commerce deliveries. The aircraft appear well suited for the on-demand, e-...

On today's episode, Dooner and The Dude are talking about DHL's sustainability road map; the first-ever fully automated IoT platform for fleet management; an automated booking hub that cuts out the middleman; and shipping odd-size freight like kayaks, home goods and more. They're joined by...

Skyrocketing demands for e-commerce have supply chains scrambling to adapt and transition to more sustainable operations. A DHL white paper released Thursday explores the technologies that need to be further developed and the ways that e-commerce has a net-positive impact on the environment.  "...

DHL Supply Chain, a leader in contract logistics within Deutsche Post DHL Group, announced on Wednesday a framework agreement with Locus Robotics to continue expanding its automation collaboration that began in 2017 as an important piece to DHL's Accelerated Digitalization Strategy. Within this...

DHL Express is transforming its international air network with the creation of a cargo airline in Austria and other changes in response to strong volume growth and customer expectations for faster delivery of e-commerce orders. The parcel carrier on Tuesday said it is in the process of filing...

Deutsche Post DHL Group (NASDAQ: DPSGY) reported on Wednesday strong first-quarter results that led the German transport and logistics giant to substantially increase full-year earnings guidance and cash flow targets. For the quarter, revenue rose 26% from 2020 levels to $22.7 billion, while free...

Deutsche Post AG (OTC: DPSGY) DHL said Wednesday that it raised its 2020 earnings guidance following solid third-quarter results and heading into what will likely be a strong peak shipping season. The Bonn, Germany-based transport and logistics conglomerate said it expects 2020 operating earnings...

This week's DHL Supply Chain Pricing Power Index: 55 (Carriers) Last week's DHL Supply Chain Pricing Power Index: 55 (Carriers) Three-month DHL Supply Chain Pricing Power Index Outlook: 60 (Carriers) The DHL Supply Chain Pricing Power Index uses the analytics and data contained in FreightWaves...

Frank Appel, CEO of Deutsche Post (OTCMKTS: DPSGY) DHL Group, said the German logistics company used its diverse services portfolio to outflank the coronavirus pandemic and significantly increase its second-quarter profit. The company's preliminary pretax profit for the quarter increased 16% to...

Global courier DHL Express (OTCMKTS: DPSGY) has dipped its wing into the "pop-up" store concept, taking advantage of what company executives see as a trend for serving customers' shipping needs. "With the rise in popularity of mobile pop-ups for food, fashion, and more, we saw an excellent...

Transport and logistics giant DHL said it has upgraded its time-definite less-than-containerload (LCL) sea freight delivery service as supply chain demands arising from the coronavirus pandemic push it to offer fast-cycle global shipping alternatives to expensive airfreight. DHL's weekly LCL...

The coronavirus pandemic dented first quarter profit by 200 million euros ($218 million) at German logistics giant Deutsche Post DHL Group (OTCMKTS: DPSGY), but officials say the company's geographic and product diversity will help it weather the crisis. Preliminary pre-tax profits of 590 million...

Good day, In its earnings release last week, Deutsche Post World (DPW) noted the impact Amazon.com, Inc.'s (NASDAQ: AMZN) logistics operations is having on its earnings. Morgan Stanley wonders if UPS could face the same fate. "We continue to see significant risk of an Amazon insourcing event at...