Deutsche Post DHL Group on Thursday forecast profit growth for this year that lagged analysts’ expectations, but played down concerns over global trade, saying more complex supply chains could benefit its business.
Deutsche Post DHL has hired hundreds of workers to deal with new customs procedures expected to be imposed after March 29, when Britain is due to leave the European Union, an executive said on Tuesday.
Furious companies facing weeks more uncertainty over an ever closer Brexit lashed out at politicians on Wednesday, and warned of catastrophic job losses if Britain failed to secure a withdrawal deal with the EU.
Deutsche Post DHL is selling its supply chain and logistics business in Greater China to S.F. Holding 002352.SZ as the two companies enter a 10-year strategic partnership to foster growth in the region.