The plan aims to reduce the company’s cost base by $1.1 billion, across its entire operation, with the full impact expected to be realized in 2027.

The staff reduction followed a new contract agreed upon just two days earlier between the logistics giant and German trade ...

Shares in DHL DHL-0.12%decrease ... The plan, announced Thursday, aims to reduce the company’s cost base by 1 billion euros, equivalent to $1.08 billion, across its entire operation, with ...

If the de minimis rule gets squashed, another possibility is that carriers like DHL could see an increase in bulk imports and ...

The agreement will cost DHL about €360 million by the end of 2026, according to Meyer. DHL logged €5.89 billion in 2024 earnings before interest and tax, surpassing analysts' expectations of ...

UPS and DHL shipments are arriving with fees ranging from $20 to nearly $200, prompting Trump to temporarily reinstate a tax exemption for orders under $800.

DHL Group CEO Tobias Meyer confirmed to Reuters that the agreement was a reason for the job cuts, as it would cost an estimated 360 million euros ($389.7 million) by the end of 2026. Meyer said ...

The agreement will cost DHL about €360 million by the end of 2026, according to Mr Meyer. DHL logged €5.89 billion in 2024 earnings before interest and tax, surpassing analysts’ expectations ...

The decision comes as DHL reported a 7.2 per cent decline in annual operating profit, with earnings before interest and tax (EBIT) falling to EUR 5.89 billion in 2024 Logistics giant DHL Group has ...