Last Mile Brief 09/03/2023: Deutsche Post DHL Group records increased year-on-year profits
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In today's Last Mile Brief, we bring you Deutsche Post DHL Group's 2022 results, plus reports of a new bpost partnership, as well as delivery troubles for Tesco in the UK.

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Today’s headline story:
Deutsche Post DHL Group has announced 15.5% improved year-on-year profits in 2022 and revenue of EUR 94.4 billion.
The company says the jump in revenue resulted entirely from the international business of the DHL divisions, despite the fact that global trade and e-commerce normalized in 2022 as expected with slowing momentum in the final quarter.
Although shipment volumes were slightly below the all-time high of 2021, Deutsche Post DHL Group adds that thanks to flexible structures, the Group was able to continue utilizing its global networks efficiently throughout the year.
The company claims it has also benefited from the increasing demand for resilient supply chains in contract logistics and, particularly in the first half of the year, from high freight rates in the forwarding business.
“Deutsche Post DHL Group achieved a new record with operating profit (EBIT) of EUR 8.4 billion (2021: EUR 8.0 billion). The key driver was the positive earnings development in the internationally operating DHL divisions, which generated EBIT of around EUR 7.6 billion (2021: EUR 6.6 billion). With EUR 1.3 billion, EBIT of Post & Parcel Germany declined by around EUR 500 million compared with the prior-year result. The Group-wide EBIT margin was 8.9 percent (2021: 9.8 percent),” concluded Deutsche Post DHL Group’s statement.
However, as far as 2023 is concerned, Chief Financial Officer Melanie Kreis said:
“The slowing macroeconomic growth momentum is reflected in our EBIT outlook. That is why we are acting particularly prudent in the first half of 2023 and focusing on our yield and cost management.”
Europe round up
- bpost is investing in the long-term implementation of hundreds of KePol lockers supplied by KEBA.
- UK communications regulator Ofcom has been asked to intervene in the dispute between Royal Mail and logistics company Whistl over access rights to Royal Mail’s letter delivery network.
- Tesco has been forced to cancel delivery orders after it suffered a nationwide ‘technical issue’, disgruntled customers have revealed.
- DB Schenker and hylane have made headlines by launching the first 40-ton HGV with hydrogen drive in Germany.
North America round up
- Competing in digital spaces will be just as critical for FedEx and UPS competitors as expanding their presence in the physical world, writes Max Garland of Supply Chain Dive.
- EV developer Workhorse has reemerged after a couple years’ hiatus from the public eye with a new electric step van called the W56.
- The Loadstar’s Ian Putzger has offered his analysis of Amazon’ US delivery operations in light of the news it is set to halt its pandemic growth plans.
- DHL said this week it has opened up its second facility in the Denver metropolitan area.
News from the rest of the world
- China’s parcel delivery industry handled 20.09 billion parcels as of Wednesday, the State Post Bureau of China said on Thursday.
- Logistics technology company DeliveryApp plans to create more than 100 new roles in the northwest of the UK to bring more women and diversity to the industry.
- Deliveroo is to expand its India Development Centre and hopes to recruit 200 employees before the end of the year.
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