DHL Supply Chain Archives - The Loadstar

Aesop’s grape-hungry fox has a lesson for DHL’s dealmakers

Alessandro Pasetti — Tue, 05 Nov 2024 12:32:10 +0000

If you have followed our DeskOne live coverage of the conference call that followed the Q3 24 release of DHL Group’s results today, you may well be aware that headline group numbers were, as expected, broadly in line with preliminary figures released last week.
A couple of substantial add-ons…
… however follow, for your perusal: air freight performance in DHL Global Forwarding (GF) was disappointing in terms of gross profit (GP) per unit, ...

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SCD: DHL Supply Chain trims Pennsylvania warehouse network

LoadstarEditorial — Fri, 27 Sep 2024 05:33:29 +0000

SUPPLY CHAIN DIVE reports:
DHL Supply Chain is shuttering a facility in Elizabethtown, Pennsylvania, according to a Worker Adjustment and Retraining Notification (WARN) notice emailed to Supply Chain Dive.
The closure will impact 268 employees, with layoffs slated to start Nov. 10, per the WARN notice. Affected employees include general managers, fulfillment specialists and operations supervisors.
“DHL Supply Chain was recently informed of a decision by one of our customers to restructure its ...

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Andries Retief moves up as CCO of DHL Supply Chain in EMEA

Gavin van Marle — Mon, 02 Sep 2024 10:22:19 +0000

DHL Supply Chain has promoted Andries Retief (above) to be the new chief commercial officer for the EMEA region [Europe, Middle East, and Africa], succeeding Leonard Aerts.
Mr Aerts has moved to Dutch e-commerce fulfilment company Monta, with which DHL has been partnering since October 2022, and in which it acquired a majority stake last November.
Mr Retief joined DHL Supply Chain in 2009 and served in various leadership positions across finance, ...

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DHL sees H1 profits plummet, but XPO gains momentum in North America

Alexander Whiteman — Fri, 02 Aug 2024 11:19:07 +0000

There was a mixed bag of first-half results for two global logistics operators this week: as plummeting Q2 profitability pounded DHL, XPO saw positive momentum in North America.
At an investors’ call yesterday, DHL Group CFO Melanie Kreis may have reported that, “in short, [DHL] met all expectations” for the six months to June, but the numbers did not make overly inspiring reading.
Of its four divisions, three reported diminishing profits – ...

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DHL Group: Forwarding burns cash, Supply Chain outshines the rest

Alessandro Pasetti — Tue, 07 May 2024 10:50:23 +0000

The ‘2023 Super League Ace‘ title within the DHL Group was confirmed in the first quarter (Q1 24): untouchable DHL Supply Chain enjoyed very healthy growth in the first three months of the year at Ebit level.
Moreover: Group 2024 guidance was maintained. And then forget PeP Germany, which is non-core for us…
… and, incidentally, has increasingly become non-core for the group over the past 15 years (click to expand the ...

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DHL Supply Chain announces changes at global leadership level

Charlotte Goldstone — Tue, 30 Apr 2024 12:43:29 +0000

Global contract logistics player DHL Supply Chain has announced major changes to its global leadership team as it “positions itself for the future”.
Patrick Kelleher will assume the role of CEO of DHL Supply Chain in North America from 1 July, succeeding Scott Sureddin, who will retire on 31 December after more than 20 years with the group and doubling the North American business.
Mr Kelleher is currently global chief development officer ...

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2023 Super League Ace: DHL Supply Chain

Alessandro Pasetti — Fri, 22 Dec 2023 11:28:30 +0000

DHL Supply Chain is the self-defined world-leading contract logistics provider.
(Ditch immediately the bear inside you: it’s all true!)
Its mantra, deserved emphasis in bold added:
“To maximize the value of your supply chain, you need a reliable logistics partner whose excellent support is available wherever you need it – whether that’s locally or on the other side of the world.”
Don’t you?
That’s the thinking at DHL Supply Chain (DHL SC), proudly sharing with ...

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Financial battering for DHL GF in Q3 – ‘but we expected that’

Alexander Whiteman — Wed, 08 Nov 2023 13:19:07 +0000

DHL Global Forwarding took a financial battering in the three months to September, with ebit and revenues down more than 40% against 2022’s performance.
During an earnings call this morning, the executive team said the performance had not been unexpected, with chief financial officer Melanie Kreis noting how dependent forwarding was on macro-economic trends.
“We have seen a quarter of relatively low volumes; these then combined with expected normalisation of rates, which ...

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Cost control keeping contract logistics operators on the right road

Gavin van Marle — Mon, 30 Oct 2023 13:35:09 +0000

While freight forwarding continues to suffer from the rapid decline in ocean freight rates, contract logistics operations are increasingly proving to be counter-cyclical.
French contract logistics operator ID Logistics last week showed the continuing strength of the sector as it released third-quarter results showing a 9.7% increase in revenue, to €696m ($738m), compared with Q3 22, and revenue for the first nine months rising 10.1%, to €1.98bn, compared with 2022.
Chairman and ...

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Market volatility sees forwarders shy away from long-term deals

Alexander Whiteman — Wed, 25 Oct 2023 12:04:52 +0000

With no end to the prevailing market uncertainty and volatility in sight, forwarders say relationships still matter, but they have become wary of long-term commitments.
“There’s still uncertainty around consumer demand,” said Tim Robertson, CEO of DHL Global Forwarding Americas, adding that consumer behaviour had become less predictable since the pandemic.
“There’s still a lot of uncertainty where volumes and demand are going to go,” agreed Brian Bourke, chief commercial officer of ...

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