DP-DHL chief Appel praises staff for Q3 performance that saw profits rise 43%

October 8, 2020 Gavin van Marle

Deutsche Post-DHL yesterday released its third-quarter preliminary results that showed profits were likely to be around 43% ahead of previous guidance. 
Group ebit grew by 45%, compared with the 2% growth DP-DHL originally forecast, to €1.37bn ($1.6bn), compared with €942m the previous Q3, largely driven by a stellar performance in its Express division. 
Express increased its ebit by 60.5% in the quarter to reach €750m, compared with last year’s €454m, “driven by a strong development in TDI (time-definite international) volumes.  
DHL ...

The post DP-DHL chief Appel praises staff for Q3 performance that saw profits rise 43% appeared first on The Loadstar.

Previous Article
Complaints spark US FMC probe into shipping line bill of lading issues
Complaints spark US FMC probe into shipping line bill of lading issues

Maritime regulator the Federal Maritime Commission (FMC) yesterday launched a probe into claims that shippi...

Next Article
UK freeports must be near enterprise zones ‘so inland areas can benefit too’
UK freeports must be near enterprise zones ‘so inland areas can benefit too’

Ports across the UK have been invited to submit bids for freeport status in the post-Brexit environment, bu...