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Two European logistics operators with a U.S. presence have reported higher first-quarter earnings by raising profit margins on businesses such as small parcels and ocean freight.

Deutsche Post AG stood by profit targets through the end of the decade, dismissing the threat posed by customer Amazon.com's expansion into parcel deliveries.

DHL is moving into a new, larger center next to Memphis International Airport to serve Tennessee, Arkansas and Mississippi, the international shipping company announced Jan. 18.

Package carrier DHL Express on Nov. 19 announced a 4.9% average rate increase for U.S. customers next year, matching the direction of package pricing adjustments by UPS Inc. and FedEx Corp.

Deutsche Post AG’s third-quarter profit plunged 71% after the German delivery company booked 345 million euros ($372 million) in costs from a failed software project. The shares dropped the most in 2 1/2 months.

DHL Global Forwarding, Freight, is celebrating its 200th birthday this year and is looking back at its founding, shortly after the Battle of Waterloo.

DHL said May 29 it is investing $108 million in its Cincinnati/Northern Kentucky airport hub to meet growth demand in international e-commerce and global trade growth.

DHL Global Forwarding has opened a $35 million facility in the Chicago O’Hare International Airport cargo zone, the company’s largest air export gateway.

DHL Express has set a 4.9% average price increase for its account holders, effective Jan. 2.