Deutsche Post DHL Leads Forwarders in Prioritizing Profitability Over Growth — Panjiva
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Deutsche Post DHL Leads Forwarders in Prioritizing Profitability Over Growth

Corp - Forwarders 157 Earnings 365 Global 723 Mode - Airfreight 131 Mode - Containerized 1006 Mode - Seaborne 1275

Deutsche Post DHL reported 4Q 2018 revenue growth of 5.1%. That was the fastest rate of growth since 3Q 2017 but lagged the freight forwarder sector average of 7.1%, in part due to seafreight volumes that grew by just 0.5%. The firm plans to grow at levels “closer to market” in 2019, which can be seen in its U.S. seaborne imports which expanded by 4.5% year over year in the first two months of 2019 after lagging the sector average in 4Q. That’s been led by an 11.9% surge in shipments from Europe – the company remains confident in continued global trade growth this...

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