Contract logistics the star performer for DHL, but weak rates take a toll
German logistics giant DHL saw group operating profit (Ebit) in the first quarter decline by ...
“The world has changed. Supply chain management is no longer just an exercise in cost minimization, but is now also about risk management. Executives, scarred by 3 years of disruption, are reluctant to be exposed the next time there is disruption. Supply chain resilience is the new watchword, with demand for higher levels of logistics service.” – Bernstein, 17 March 2023.
In a nutshell, that was part of a comprehensive Kuehne + Nagel (K+N) note to investors out earlier this month, ...
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