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.
November 12, 2015BusinessLogistics
DHL Global Forwarding, Freight Celebrates Bicentennial Birthday
DHL Global Forwarding, Freight, is celebrating its 200th birthday this year and is looking back at its founding, shortly after the Battle of Waterloo.
October 22, 2015BusinessLogistics
DHL Investing $108 Million to Expand Northern Kentucky Airport Hub
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.
May 29, 2015BusinessLogistics
DHL Opens $35 Million Facility at Chicago O’ Hare
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.
January 20, 2015BusinessLogistics
DHL Sets 4.9% Rate Increase for 2015
DHL Express has set a 4.9% average price increase for its account holders, effective Jan. 2.
November 21, 2014BusinessLogistics
DHL 3Q Profit Increases
Deutsche Post AG, Europe’s largest package express carrier, said its third-quarter profits increased 5.8% to 399 million euros ($535 million).
November 12, 2013BusinessLogistics
DHL Opens Larger Hub in Bid to Grow U.S. Share
ERLANGER, Ky. — DHL Express officially opened the $46 million expansion of its U.S. air hub here in an effort to build market share and sustain double-digit package and express volume growth.
June 17, 2013BusinessLogistics
DHL Opens Global Hub at Cincinnati/Northern Kentucky Airport
DHL said it has opened a $105 million newly expanded global hub at Cincinnati/Northern Kentucky International Airport.
June 14, 2013BusinessLogistics
Deutsche Post’s Quarterly Profit Declines
Deutsche Post AG, Europe’s largest package express carrier, said its first-quarter net income fell 5.9% to $648 million, Bloomberg News reported.
May 17, 2013BusinessLogistics
DHL Pulls Out of China’s Domestic Market
Two months after exiting Canada’s domestic market, DHL Express said it is leaving China.
July 8, 2011