DHL: Ocean freight market update (October 2024)
DHL recently released its monthly ‘Ocean freight market update’ for October… the full report can ...
XPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS HLAG: FOLLOW THE LEADERBA: RISKY STUFFKNX: UNCHANGEDWTC: RELIEF RALLY R: IN LINEDHL: AI PUSH IS HEREUPS: SCS BUSINESS ON WATCHUPS: RALLY MODE ON WTC: 'WHITE NOISE' TURNS INTO NEWSDHL: GREEN PUSH UPDATEKNIN: DOWN SHE GOESDSV: SOLUTIONS THE STAR PERFORMER DSV: DOWNSIDE REMINDER
XPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS HLAG: FOLLOW THE LEADERBA: RISKY STUFFKNX: UNCHANGEDWTC: RELIEF RALLY R: IN LINEDHL: AI PUSH IS HEREUPS: SCS BUSINESS ON WATCHUPS: RALLY MODE ON WTC: 'WHITE NOISE' TURNS INTO NEWSDHL: GREEN PUSH UPDATEKNIN: DOWN SHE GOESDSV: SOLUTIONS THE STAR PERFORMER DSV: DOWNSIDE REMINDER
MARKETSCREENER writes:
BONN (dpa-AFX) – Post chief Tobias Meyer has defended the renaming of the Bonn-based logistics company to DHL Group against criticism. The mail business is part of the company’s history, but its revenue has been shrinking for years, the manager said Tuesday. Parcel delivery and other DHL services, on the other hand, were growing. They accounted for 93 percent of group revenue in the first quarter, he said. “What’s on it should be in it, and that’s what DHL is.” The new name would make things easier for investors on the global stage.
The renaming of Deutsche Post DHL Group to DHL Group comes into effect on July 1. Federal politicians had reacted to the move with incomprehension and surprise. SPD member of parliament Sebastian Roloff called the decision incomprehensible. He doubted any benefit. On the stock exchange, the Group continues to trade as Deutsche Post AG. Changing this name would be too costly, because then various contracts would also have to be changed, Meyer said.
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