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DHL (German pronunciation: [ˌdeːhaːˈʔɛl]) is a multinational logistics brand, founded in the United States and headquartered in Bonn, Germany. [5] It provides courier, package delivery, and express mail service, delivering over 1.7 billion parcels per year. [6]
DHL Group was the largest logistics company worldwide in 2022. [5] [better source needed] DHL Group is the successor to the German mail authority Deutsche Bundespost, the oldest modern postal service in the world, [6] tracing its roots to the middle ages. It was privatized in 1995 and became a fully independent company in 2000.
It acquired East Texas Motor Freight Lines, a subsidiary of Bright Industries Inc., in 1982, a move which added 44 new terminal cities increasing ABF's reach to a total of 158, [9] and by 1985 ABF was the sixth largest carrier in the US. [10] ABF created ABF U-Pack Moving as a subsidiary in 1997 to provide household moving services. [8]
It expanded by contracting with DHL Worldwide Express in 1985, became a member of the DHL Group a year later, operating the DHL-branded parcel and express services in Europe. It became a part of the International Air Transport Association (IATA) in 1993. After 2002 the airline was owned by Deutsche Post with their takeover of DHL. [3]
Brussels Airport was a main hub; when DHL planned expansion at Brussels Airport in October 2004 it created a political crisis in Belgium. [5]In March 2021, DHL Aviation announced the relocation of one of its main hub operations from Bergamo to Milan Malpensa Airport, where it opened new logistics facilities.
Package delivery from a UPS truck. Package delivery, or parcel delivery, is the delivery of shipping containers, parcels, or high-value mail as single shipments. The service is provided by most postal systems, express mail, private courier companies, and less-than-truckload shipping carriers. [1]
The Forwarding division carries goods by rail, road, air and sea under the DHL brand and includes the DHL Freight operation which runs a ground-based freight network covering Europe, Russia and traffic into the Middle East. In 2016, this division's revenue declined by 7.7 percent to €13.7 billion, but earnings before interest and taxes (EBIT ...