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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.
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 ...