The parcel giant’s package sorting and delivery center, located in Bielefeld, Germany and scheduled to be up and running by October 2017, will replace an existing facility in Herford, the company said in a statement.
Corina Meoño, director of operations at Dedola Global Logistics, explains the difference between FOB and CIF, as well as how to tell which might be the best fit for your specific business.
Acquiring of one of the largest mail and parcel carriers in the United Kingdom will strengthen Deutsche Post DHL Group’s cross-border network and expand its customer base in Europe’s largest e-commerce market, according to a statement from the company.
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Meanwhile, the Bonn, Germany-based parcel carrier is withdrawing from long-distance bus service and selling its Postbus unit to FlixMobility GmbH for an undisclosed price, Deutsche Post DHL Group said in a statement Wednesday.
The German ocean carrier said the 20 percent year-over-year drop in revenues to $2.1 billion for the quarter reflected subdued economic growth in many parts of the world, tough competition in the liner shipping industry and falling freight rates.
The now insolvent South Korean ocean carrier released a status update Monday on the 97 vessels it operates, which illustrated that 59 of these vessels are still waiting in open sea.