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 is an interesting law of causality in liner shipping that while freight rates continue to bump along at loss-making levels on many trades, they are also making high-value premium shipping services increasingly attractive to many shippers.
Speaking at a recent press briefing, DHL Global Forwarding’s head of ocean freight in Europe Markus Pannhauser said: “The economic development in Europe is a bit slow right now but volumes are increasing due to restocking and inventories going back to more normal levels, ...
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