Monday, December 23

Tag: Deutsche Post

Teamsters Strike at DHL’s Cincinnati Air Cargo Hub
7Dec By adminNo Comments
World

Teamsters Strike at DHL’s Cincinnati Air Cargo Hub

More than 1,100 union workers at DHL’s air cargo hub at the Cincinnati/Northern Kentucky International Airport walked off the job Thursday, a move that affects one of the parcel carrier’s largest logistics facilities during the busiest shipping season of the year.The International Brotherhood of Teamsters said its members are protesting unfair labor practices at the hub run by DHL Express, a U.S. unit of German logistics giant Deutsche Post that handles express parcel business. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
DHL Owner Deutsche Post Sees Earnings at Lower End of Guidance
8Nov By adminNo Comments
World

DHL Owner Deutsche Post Sees Earnings at Lower End of Guidance

DHL owner Deutsche Post narrowed its 2023 guidance toward the lower end of its previous outlook, after its expectations of an economic recovery didn’t materialize, and reported lower third-quarter revenue and earnings.The German logistics group, also known as DHL Group, said it now expects earnings before interest and taxes to be between 6.2 billion euros and 6.6 billion euros ($6.63 billion-$7.06 billion), against its previous target of EUR6.2 billion to EUR7.0 billion.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More