Supporters of the slowdown in the industry were snubled Thursday through Deutsche Post DHL executive leader Frank Appel, who insisted that “globalization is not the challenge but the solution” six months after the world began dealing with the COVID-19 pandemic.
In electronic statements to shareholders from Bonn, whose logistics giant is headquartered, CEO Appel said there is “much more expansion potential” in the logistics industry, which includes rivals such as UPS, FedEx and Hermes.
Delivery chains were becoming but not damaged, as logistics groups provided others around the world with urgent medical materials and products despite months of coronavirus-related stenosis, Appel said.
“So we’re not at the end of globalization,” he said, predicting that brands would be less clean on single production sites, but they would diversify from country to country.
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Around Easter, 10 million packages were delivered daily, a point observed in December. “April was Christmas for us,” said Melanie Kreis, CHIEF Financial Officer.
At its “virtual general meeting,” convened to review fiscal year 2019, shareholders were informed that the volume of Post-DHL packages had increased by up to 21% in the quarter.
Revenue for the April-June era totaled almost 16 billion euros ($18.9 billion), year after year for the quarter, an increase of 3.1%.
The profits to be distributed to the consequent percentages, agreed at thursday’s general meeting, amounted to 525 million euros, or 1.15 euros consistent with the consistent percentage of 1 September, resulting in a cumulative dividend. “
The company’s 550,000 workers are expected to get a three-hundred-euro bonus by the end of the year.
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Post-DHL said its CO2-free trading goal until 2050 remained the goal in the “last mile” before deliveries reached consumers of bicycles and electric cars, adding parts for the ubiquitous multi-amazon retail.
Around the world, several thousand sailors are stranded on their ships. They return home due to the coronavirus crisis and the scenario is creating a delay in the global shipping industry.