News / Air freight the star performer for DP-DHL in 'a challenging year'

Air freight proved the star performer for Deutsche Post-DHL (DP-DHL) in 2018 as its Express and Global Freight Forwarding divisions posted healthy returns.

However, a 56% decline in its Post, E-commerce, and Parcel (Pep) business depleted the profits of other divisions to leave the operator 15.5% down on last year.

Chief executive Frank Appel told investors 2018 had been a “challenging” year, but added that the final months had allowed the company to close the year on a high.

“Despite rising geopolitical uncertainties, ...