The German mail and logistics company posted revenues of 60.4 billion euros for the year, rising 5.4 percent from 2016, despite encountering headwinds from currency effects. Deutsche Post DHL Group recorded a consolidated net profit after non-controlling interests of 2.7 billion euros (U.S. $3.3 billion) in 2017, inching up 2.8 percent
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UPS announces further expansion of its Worldwide Express service
The endeavour, which is comprised of expanded service into 57 countries and territories, including Brazil, India, and South Korea, and five new countries receiving Express service, including Bangladesh and Madagascar, said UPS. UPS said this week that its UPS Worldwide Express Service now is available in 124 countries and territories. This service provides customers with
DHL partners with Cologne Business School to ‘go green’
DHL Global Forwarding, the logistics arm of Deutsche Post DHL, has published a white paper in partnership with the Cologne Business School, in an endeavor to incorporate sustainable practices into its supply chain. The white paper lists actions that all forwarders and logistics firms can take to “intensify their environmentally friendly
Inside the world’s biggest automated package sorting facility – bigger 90 football fields (Video)
Increased volume not translating to better margins, e-commerce study shows
You don’t have to be Alan Greenspan to see that e-commerce is the new frontier of retail, but what does the shifting market mean for logistics companies supporting the change? According to a study conducted by market research organization Transport Intelligence (Ti), conducted during the recent holiday season, logistics firms may
Amazon won’t be able to compete on cost with FedEx, Bernstein says
No Amazon Worries for FedEx "Delivering through Amazon clearly has a cost. For merchants fulfilling by Amazon, that cost is going up significantly this year," Bernstein's David Vernon wrote. The analyst added that while Amazon Prime members enjoy "free" shipping, the company increased the price of the membership in January
Numbers starting to add up for Tesla trucks: DHL executive
Low-cost UPS electric trucks eliminate final barriers to large-scale fleet adoption
UPS has more than 300 electric vehicles deployed in Europe and the U.S., and nearly 700 hybrid electric vehicles. UPS today announced it plans to deploy 50 plug-in electric delivery trucks that will be comparable in acquisition cost to conventional-fueled trucks without any subsidies – an industry first that is breaking a
New DHL Express hub in Brussels to quadruple regional capacity
By 2020, DHL expects to create 200 additional jobs through this new investment DHL Express opened its 36,500-square-meter Brussels hub today, quadrupling the integrator’s capacity for the region. The €140 million facility features automated sorting technology that allows later pick-up times, greater flexibility and higher reliability for Belgian shippers. Capable of handling 42,000
FedEx says exposed Customer information not compromised
A package of the FedEx courier delivery services company is pictured in this June 8, 2017 illustration photo. REUTERS/Carlos Jasso/Illustration Following reports that thousands of customer identification records were left open to public access, FedEx said those records have now been secured and there is “no indication that any information has