
Deutsche Post DHL Group's StreetScooter electric vehicle unit will enter the U.S. market next year as delivery firms and municipalities work to cut greenhouse gas emissions.
29 published items with the word (s) or phrase Deutsche Post in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
Deutsche Post DHL Group's StreetScooter electric vehicle unit will enter the U.S. market next year as delivery firms and municipalities work to cut greenhouse gas emissions.
DHL Express is not worried about big online customers like Amazon becoming rivals as they build up their own logistics, the head of the courier arm of Deutsche Post said on Tuesday.
Deutsche Post DHL reported an almost tripling of third-quarter operating profit on Tuesday and said it expected a strong fourth quarter buoyed by e-commerce and growth in its freight division.
Amazon's tightly choreographed distribution is designed to maximise speed and minimise costs, preconditions for success in its biggest international market.But contractors say finding drivers is increasingly difficult.
Deutsche Post DHL set a new target for an operating profit of 5.3 billion euros for 2022 and plans to invest heavily in areas like warehouse automation and analytics as it aims to keep up with fast-growing e-commerce.
Amazon has begun hiring its own drivers in Germany and plans to open 11 more distribution centres to expand its delivery business in its second biggest market, the firm's German logistics chief said in an interview.
Starship Technologies, a company set up by two founders of video messaging business Skype, has raised another $40 million (£33 illion) to expand its delivery robot business, it said on Tuesday.
Deutsche Post on Tuesday said it expects a further improvement in earnings in the second half of 2019 due to restructuring measures and a rise in German postage and parcel prices.
United Parcel Service said on Wednesday a jump in demand for its Next Day Air service drove better-than-expected profit in the second quarter as large retailers rushed packages to online shoppers.
FedEx Corp on Tuesday cut its 2019 profit forecast for the second time in three months, sending its shares down more than 5 percent and fuelling fresh worries it is losing ground to delivery rivals.