Tariff Quote Watch: Deutsche Post-DHL Looks Past The Trade War, Outperforms Peers — Panjiva
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Tariff Quote Watch: Deutsche Post-DHL Looks Past The Trade War, Outperforms Peers

China 3047 Corp - Forwarders 347 Mode - Containerized 1523 Mode - Seaborne 1845 Quote Watch 452 Singapore 71 Taiwan 231 Tariffs 1865 U.S. 5398 Vietnam 412

The logistics industry may be starting to look past the impact of the U.S.-China trade war. Deutsche Post’s Express unit head, John Pearson has stated he is “not anticipating it to get any worse” while also stating he doesn’t “think it takes much to trigger people to start running and getting on planes again”. Deutsche Post and its DHL forwarding unit have seen a 6.2% drop in airfreight handling in 3Q versus a year earlier while ocean freight rose by 2.8%. The latter has been more resilient than its competitors at the start of 4Q. DP-DHL’s U.S. seaborne inbound traffic fell by just 0.1% ...

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