Comment / Analysis: time for a u-turn and a DP-DHL forwarding spin-off

Frankfurt-270515 Hauptversammlung Deutsche Post DHL, Frankfurt am Main, Jahrhunderthalle Deutsche Post DHL/Bernd Georg

Thomas Cullen, chief analyst at Transport Intelligence, recently wrote that “keeping Frank Appel as CEO is in line with the emphasis on stability characteristic of DP-DHL over most of the past decade”.

“However, as the structure of the global logistics market changes, perhaps Mr Appel will have to display the sort of initiative seen at PeP [Post, e-commerce Parcel division] to other parts of the group,” he added in mid-December, after the news emerged that his employment contract had been renewed until October ...