Deutsche Post DHL beats back COVID-19 with Q2 profit
Deutsche Post DHL saw a significant rise in e-commerce activity during the second quarter due to continued COVID-19 travel restrictions and retail store closures.
Deutsche Post DHL saw a significant rise in e-commerce activity during the second quarter due to continued COVID-19 travel restrictions and retail store closures.
FHWA has awarded a contract for a platooning study, Schneider could be looking at an acquisition and UPS has an earnings surprise.
A Memorandum of Understanding (MOU) outlines a coordinated effort to expedite the deployment of zero-emission medium- and heavy-duty trucks.
Deutsche Post DHL said preliminary second-quarter profits, despite the ongoing COVID-19 pandemic, have it less worried about the rest of the year.
Excerpt: In response to the COVID-19 pandemic, transport and logistics giant DHL is enhancing its time-definite less-than-containerload sea freight delivery service.
The global air cargo carrier has tasked Israel Aerospace Industries with converting the planes to all-cargo configuration.
Roundup comprises elections and selections by Atlas Air, Elemica, Georgia Ports Authority, Hapag-Lloyd, NCBFAA and VeriShip.
FedEx reported to be exploring alternative growth path in Europe through stake in German parcel company Hermes.
Interest is rising in Workhorse’s electric truck-based drone delivery system as the company seeks $40 million credit line to scale production.
There are more ways to help businesses struggling during the coronavirus crisis than loans and direct payments. The Australian government has operationalized an international airfreight support program to restore supply chains for perishables that were broken by the pandemic, threatening to kill business for many exporters.
The global logistics giant said its Q1 profits among its five business divisions suffered from the coronavirus upheaval.
U.S. logistics real estate operator announces it has reached the 100 million euro cap for its European logistics fund.
Deutsche Post World has lowered its guidance for the year and cited Amazon’s continuing insourcing of logistics as a major reason. Plus, Goldman Sachs is predicting a 5% contraction in the economy, labor shortages could hamper restocking of shelves, and the Fed slashes interest rates.
Workhorse said its electric delivery van will enter production in the next few weeks, with various configurations and sizes to be offered eventually.
DHL has decided to close its StreetScooter electric vehicle business, plus household income rises, aluminum plant likely to close, and why Americans will love self-driving trucks.
DHL has issued layoff notices for 134 workers in Detroit as it seeks to renegotiate a contract with a supplier. Also, Amazon ditches delivery providers, rail and intermodal volumes drops.
The coronavirus could present a silver lining for freighter operators, but any boost in business may be weeks or months away, depending on how long the contagion lasts.
The loss of a DHL contract has led to a New York carrier issuing layoff notices to 48 employees.
A trade war truce is not stopping multinationals from exploring alternative sourcing options to China, but moving supply chains is difficult, says expert.
Darren Prokop writes about foreign trade zones and their impact on imports, exports and the economy.
East Midlands Airport is adding an experienced air cargo manager to head cargo operations during a period of expansion.
Airport has ambitious China plans
The new center at Cologne-Bonn Airport will help meet rising demand for express e-commerce shipments.
The new 40,000-square-meter center is the size of five football fields and has a sorting capacity of 50,000 shipments per hour.
Latvian airport to double cargo handling capacity
Transit times of 10-12 days are promised on the new service from DHL Global Forwarding.
We are regularly enhancing and improving SONAR to meet the needs of the ever-changing freight market and the needs of our customers. To help keep SONAR users informed, we deliver […]
Investment will fund a new facility at DHL Express gateway at Hamilton International Airport to accommodate growing volumes.
UPS expands drone operations, healthcare and e-commerce services
The transfer of production out of China to avoid U.S. tariffs of up to 25% is having a tangible impact on global trade flows.
Swedish retailer opened a facility near Toronto to accommodate growing volumes of final-mile deliveries to region’s fast-growing suburbs.
DP DHL open s innovation center for Americas, the third center in its global network
DHL Supply Chain partners with load-matching platform Convoy, becoming the first 3PL to do so
Pilot eLCV projects are planned in the U.S. next year with local production a long-term aim.
Deutsche Post DHL posts single-digit revenue, profit gains, lifts low end of full-year earnings view
For the first time, Workhorse Group is tying the possibility of a huge contract with the U.S. Postal Service to the acquisition of General Motors Lordstown, Ohio assembly complex.
The saga of the closed General Motors Lordstown plant continued with Vice President Mike Pence erroneously declaring that Workhorse Group Inc. had secured funding to buy the plant.
Market expert Jesse Cohen writes about the fascinating movement of cars around the world via air cargo.
Alibaba re-arranges the US B2B e-commerce landscape by opening its platform to US sellers
DHL is planning to provide customers with exact delivery times through email and then follow up with another alert 15 minutes before the package reaches a customer’s doorstep.
Paul Tessy will oversee Canadian firm’s international segment as it looks to expand reach in the U.S.
Atlas Air has won an injunction ordering pilots that have been staging sickouts and delays to stop the practice.
Logistics has been the key to sustaining the 10-year economic recovery. Amazon is gaining strength in self-handling though not 48 percent. FedEx’s Smith pledges there are no “sacred cows” at the company
DHL Supply plans a 40% expansion of its US healthcare and life sciences footprint
Lufthansa Cargo forms dedicated unit to capitalize on cross-border e-commerce
FedEx and Amazon part ways on US air services with both probably the better off for it
Learn how existing and future technologies will continue the evolution of supply chains, transportation and warehousing.
Military members under the age of 21 can now apply for inclusion in an FMCSA pilot program for younger drivers.
FedEx says it will launch year-round Sunday deliveries next January, and will siphon off all of its business tendered to the US Postal Service
Saudi Arabia Customs successfully transported a container to the Port of Rotterdam using blockchain for the packing list and commercial documents.
Good day, Truck makers have been insisting that medium-duty truck owners are starting to look for the same type of data analytics and remote diagnostic capabilities that long-haul operators have […]
Freighter aircraft deployments and additional business handled for the U.S. Department of Defense helped raise first quarter earnings and revenue by double-digits for cargo aircraft leasing company Air Transport Services […]
Competitors agree on need to collaborate on common standards during Blockchain Revolution Global conference.
DHL unit to enter a big auto supply chain business at Charleston.
Will cyberattack remain a drag on the company?
Onfleet won the first annual RTech supply chain innovation award for its online dashboard application. The application’s software assists businesses to manage in-house deliveries, as well as managing outsourced last-mile deliveries.
DHL showcased its Resilience360 platform at the 2019 LINK Conference in Orlando
The U.S. Postal Service has been turning in losses every year, and a White House task force has asked the USPS to look at franchising the mailbox to prop up the declining margins.
Global trade body recognizes that old rules don’t apply.
Top supply chain trends and Rhode Island collects more in toll revenue than it expected, plus the growing scooter logistics sector and more container checks.
FedEx started with Flying Cargo in 1990.
DHL’s advent into warehouse automation; India struggles with air pollution as coal consumption increases; WTI rates in danger of falling further.
The numbers from the Black Friday-Cyber Monday period are seen as supporting the company’s projections of a 17% increase
Resilience360 offers end-to-end supply chain risk management. The platform alerts customers about supply chain incidents globally and risks to their global supply chain in almost real time. It’s an ever-expanding market, and the company is well-positioned for continued data aggregation.
Higher surcharges to carry through peak season.
Company expands time-definite delivery portfolio
Deutsche Post DHL Group (XETRA: DPW) has taken a new approach to recruiting driving in Europe: offering to rotate them out of driving roles. Following a record-setting September, fleets continued to order trailers at near-record rates in October.
DHL hopes plan will attract new recruits to industry as shortfall looms.
Mexico, Canada, and the EU announce retaliatory tariffs; Dow Transports still above 200 day average; the US asks OPEC for a production hike; DHL remains largest air freight forwarder; containership loses 86 boxes in storm off Australia; how China beats US steel tariffs.
On Tuesday, German logistics and postal provider DHL posted disappointing earnings for the 1st quarter of 2018, with headwinds from currency and the sale of one of its supply chain subsidiaries leading to a decline in revenue to 14.75 billion euros
Techpertise together with TMW Systems …Artificial intelligence technology is rapidly maturing, and transport and logistics stands to gain the most of almost any industry. We discuss recent work analyzing AI use cases and ROI in transportation.
DHL’s new Global Trade Barometer showed improvement in March, indicating that global trade volumes are likely to gain momentum in the near future
Blockchain’s digital potential for the supply chain industry is gaining so much traction because of the inefficiencies of tracking goods through so many paper-based sources and multiple interfaces.
Rep. Sam Graves (R-MO) is pushing a vehicle miles tax in Washington as the solution to funding road and infrastructure improvements rather than raising fuel taxes.
Used Class 8 truck prices increased 2% year-over-year in January, but fell 3% over December 2017, according to latest data from ACT Research.
The American Trucking Associations’ Technology and Maintenance Council and Transportation Security Council, in conjunction with the FBI, has developed Fleet CyWatch to help fleets protect themselves against cyberattacks.
After several delays, Rhode Island Department of Transportation (RIDOT) workers have begun installing truck toll gantries in the state this week. The project, which will collect truck-only tolls at 12 locations in the state, is estimated to raise about $470 million in tax revenue over 10 years.
Global logistics giant DHL recently launched the Global Trade Barometer, a first of its kind solution that helps in predicting cross-border trade flows and growth in global trade based on logistics big data and artificial intelligence models.
Global freight and logistics company DHL has confirmed its investment to the Airport Authority Hong Kong for the latter’s expansion plan for the Central Asia Hub, the Handy Shipping Guide reports.
Deutsche Post DHL Group in cooperation with AXIT recently held a live demonstration of how a must-have repair part could be manufactured and delivered to its end user in a single day thanks to technology.
The improvements in 3D printing technology has boosted the hopes that one day supply chains will become shorter as products are printer on-demand in close proximity to end users. Deutsche Post DHL Group and IT logistics provider Axit recently showcased how replacement parts could be produced and shipped in the same day.