Comment / On the wires: DHL Global Forwarding's star shines ever brighter (provisionally)

AAA ST

By Alessandro Pasetti

11/10/2021

“Q3 2021 preliminary divisional ebit and main drivers, group: continued strong development in line with base assumptions; broad-based B2B recovery; B2C maintaining high previous-year levels” – Deutsche Post DHL (DP DHL), 7 October 2021, sourced from “Preliminary Q3 21 earnings release”.

This Indian summer has brought the warm smell of success, success, and then more success for freight forwarding (FF). Although widely expected, a preliminarily solid Q3 21 stint for logistics integrator Deutsche Post DHL, materially differed in growth terms across its units. ...

Comment on this article

You must be logged in to post a comment.

Topics

DHL Global Forwarding DJTA index DP-DHL DSV financial results integrated logistics Kuehne + Nagel On the wires CVC Capital Partners DB Schenker Deutsche Bahn M&A

Most read news

Looming 'indefinite' strike set for the Port of Montreal as tensions rise

Forwarders on the hook for millions following Debenhams collapse

Vessel bunching on USEC slow to clear, as ILA shapes new 'strategy'

Gemini warns of 'meltdown' when Suez reopens

Shippers to opt for direct port calls over speed of service, predicts MSC's Soren Toft

Why I’ll miss the ‘defiantly brazen’ Schenker

Flexible airfreight must find balanced traffic flows to keep networks in tact

Fallout from hurricanes a greater concern than strikes, say forwarders

China tightens rules on hazardous cargo at Ningbo

Warehousing confusion as Amazon cuts space allocations pre-peak

Spot rates ex-Asia still falling, despite USEC congestion, with more blanks

India takes RMG market share from strife-ridden Bangladesh

'Inconclusive' MEPC 82 set the stage for a CII showdown at next meeting

TS Lines expands Africa services and orders more ships

Soaring airfreight rates see Dhaka cargo being moved via China

DHL, Mærsk, Kuehne & DSV – tears & rain, hope & faith