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Industry Conferences Cancel On Coronavirus Concerns
Tuesday, March 3, 2020 - 9:54am | 297On today's episode, Dooner and Chad are back from a busy news weekend that saw the coronavirus claim its first US victim, cause major conferences to cancel, sputter retail supply chains and spread into more states. Jamin Alvidrez calls in on-site from Long Beach where TPM20 was cancelled. He'll...
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Today's Pickup: DHL Ditches Last-Mile Electric Van Project
Monday, March 2, 2020 - 11:45am | 956Good day, Deutsche Post DHL Group said it will no longer be seeking a buyer for its StreetScooter business and will instead wind down production of the vehicles. StreetScooter, acquired by DHL in 2014, makes electric delivery vehicles. DHL was initially attracted to the startup because it couldn'...
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DHL Express Upgrades Fleet With More 777 Freighters
Monday, February 24, 2020 - 3:39pm | 419International courier company DHL Express has received the first of six new Boeing 777-200 freighters scheduled for delivery this year as it ramps up capabilities to serve the rapidly growing e-commerce market. The new aircraft arrived last week at Cincinnati/Northern Kentucky International...
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Today's Pickup: Uncertain Contract Status Leads DHL To Issue Potential Notice Of layoffs In Michigan
Monday, February 17, 2020 - 1:32pm | 814Good day, DHL is reportedly negotiating a new contract with FCA US (NYSE: FCAU), and because it is unsure if that contact will be renewed, the company has filed a Worker Adjustment and Retraining Notification Act (WARN) notice with the state of Michigan. The notice said the company was shutting...
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FreightWaves NOW: Opportunities In The West
Friday, January 24, 2020 - 4:13pm | 86Director of Market Intelligence Zach Strickland examines a decline in the US Outbound Tender Reject Index in the Carrier Update presented by PowerFleet, SONAR Data Analyst Luke Falasca points to markets in the West for the Broker Update, and Director of Research Kevin Hill and Kyle Lintner,...
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FreightWaves NOW: Capacity Tightens In The Plains
Thursday, January 9, 2020 - 4:17pm | 126FreightWaves Lead Economist Anthony Smith hosts the show, Director of Freight Market Intelligence Zach Strickland highlights the Plains markets in the Carrier Update, Market Expert Donny Gilbert discusses reefer markets in the Broker update, and Director of Editorial and Research Kevin Hill updates...
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Loss Of DHL Contract Leads To New York Carrier Shutting Down
Tuesday, January 7, 2020 - 10:05am | 380New York Express and Logistics will shut down after losing a contract with DHL, the company said in a filing in New York state. The company completed a Worker Adjustment and Retraining Notification (WARN) Act filing in New York, citing the loss of a contract with DHL as the reason for the shutdown...
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DHL Supply Chain's Jim Monkmeyer Talks Trade, Customers And The Perception Gap With Shippers
Friday, December 27, 2019 - 9:49am | 1441Few logistics executives have as deep an understanding of North America's transport modes as Jim Monkmeyer, CEO of managed transportation, Americas for DHL Supply Chain, the world's largest logistics company. Monkmeyer manages shipping services for the unit's North American clients and works with...
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Commentary: Foreign Trade Zones Are Not "Free Trade Zones"
Wednesday, December 18, 2019 - 12:40pm | 1042DHL was founded in the United States in 1969. Founders Dalsey, Hillblom and Lynn lent their initials to the company name. Germany's Deutsche Post began acquiring stock in DHL in 1998 and by 2003 absorbed it into its global organization. Today, Deutsche Post DHL Group is a global air cargo...
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Efficient And Sustainable Packaging The Need Of The Hour, Says DHL Report
Wednesday, December 11, 2019 - 10:12am | 757The rise of e-commerce has led businesses to reinvent and expedite their logistics operations. The last-mile delivery segment is under considerable scrutiny in particular, primarily because it is the link companies have with their end customers, with consumer satisfaction making or breaking their...
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Global Trade Flows Decline Even As Capital And People Flows Stay Resilient, Says DHL Report
Friday, December 6, 2019 - 10:04am | 927In a call this week, executives of freight forwarding giant DHL spoke on its observations of globalization based on DHL's Global Connectedness Index (GCI) that monitors the flows of trade, capital, information and people across the world. John Pearson, the CEO of DHL Express, initiated the...
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Luxury Yacht Maker Sunseeker Plans To Transfer 80 Jobs To DHL Supply Chain
Wednesday, November 20, 2019 - 2:17pm | 544Sunseeker, the U.K.-based luxury yacht builder, has announced that it is in "advanced negotiations" with DHL Supply Chain to have the company help with its logistics operations. In that regard, Sunseeker will be transferring 80 of its staff from its Dorset campuses at Poole and Portland. To...
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DHL Invests $136 Million In New Logistics Hub
Tuesday, November 19, 2019 - 10:24am | 683DHL Express has opened a new logistics center in western Germany that will help meet the rising demand across Europe for express e-commerce shipments. Located at Cologne-Bonn Airport, the 15,000-square meter (m²) hub features cutting edge sorting technology and entailed an investment by DHL of 123...
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DHL Opens Mega Parcel Center
Monday, November 18, 2019 - 12:36pm | 625Deutsche Post DHL Group (STOCK.DPSGY) has opened a new mega parcel center in Germany as it continues to strengthen its parcel network in Europe. When it reaches full capacity next year, the Ruhr region facility will create some 600 jobs and offer sorting capacity of up to 50,000 shipments per hour...
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Deutsche Post Posts Mid Single-Digit Revenue Gains In Quarter, With Express Division Leading Way
Tuesday, November 12, 2019 - 11:24am | 414German logistics and mail giant Deutsche Post DHL Group (OTCMKTS: DPSGY) reported a 4.7% year-on-year increase in third-quarter revenue on November 12, boosted by gains in its intra-German parcel and its international air express businesses. Operating profit, measured as earnings before interest...