Bullish Wan Hai, unfazed by US port fees, reports record profits
Wan Hai Lines GM Tommy Hsieh is positive about achieving higher transpacific contract rates this ...
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Deutsche Post-DHL today reported a 28.1% year-on-year increase in group ebit for the first quarter.
In a busy three months it completed the sale of its contract logistics business in China to SF Holding and reorganised its postal and e-commerce divisions.
Its freight forwarding unit, which has come under the microscope in recent years, also posted significant gains, with revenue growing 4.8% to reach €3.8bn and ebit up 42.9% year on year to reach €100m.
“The division continued to pursue its selective approach ...
Comment on this article
George DeCarlo
May 12, 2019 at 11:56 amDHL IS A MESS. A simple delivery here in the Philippines has ruined an account and caused serious harm. The package was given to an impersonator as we waited inside at our unit. Three days of misery and more to come. Remember to give explicit instructions since DHL incapable of common security sense.