Global Forwarding drags DHL Q1 numbers down, but 'we have the remedy'
Weak demand across Europe road freight ate into DHL’s freight forwarding division profits over the ...
South-east Asia’s e-commerce boom remains an “untapped” opportunity for intra-Asia trade, as investments pour into improving cumbersome cross-border logistics.
According to Facebook and Bain & Company’s annual e-commerce report, South-east Asia’s digital retail market grew by a massive 85% last year, with 70 million more consumers shopping online since the pandemic began.
DHL Express Asia Pacific also noted a surge in online shopping and “unprecedented” growth in shipment volumes this year, with the region getting hit hard by more lockdowns.
CEO Ken Lee ...
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