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 ...
There’s one worthwhile sign of relief to highlight from today’s Q2 23 investor pack released by T&L integrator DHL Group, alongside remarks from a convincing CFO, Melanie Kreis, who was lonely as ever fronting the analysts now that Frank Appel has left.
In a nutshell, DHL Supply Chain (SC) shone, big time, I reckon. Global Forwarding (GF) held up. But the domestic PeP business is only slowly trying to recover, while the outlook for core Express is rather uncertain.
With separate (by ...
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Contract logistics the star performer for DHL, but weak rates take a toll
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