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

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

But EREV tech could be a crucial stepping stone for a very different category of truck as well. Truck maker Scania, part of ...

Germany's DHL plans to cut 8,000 jobs in Germany this year, the biggest staff reduction programme in its home market in at ...

Germany's DHL plans to cut 8,000 jobs in Germany this year, the biggest staff reduction programme in its home market in at ...

DHL, one of the world’s leading logistics and postal service providers, has announced its largest job cuts in two decades. The German logistics giant will lay off 8,000 employees as part of a ...

Deutsche Bank analyst Andy Chu upgraded DHL Group (DHLGY) to Buy from Hold. See what stocks are receiving Strong Buy ratings from top-rated analysts. Filter, analyze, and streamline your search ...

Further prompting the cuts, the CEO also said German’s regulatory guardrails prevented DHL from raising stamp prices to the level necessary to offset the costs of inflation and accelerated mail ...

Shares in DHL owner Deutsche Post surged Thursday after ... same time as German regulation restricts its ability to increase prices above certain limits. Post & Parcel Germany, which contributes ...