Prior to its privatization in 1995, Deutsche Post served as Germany’s government agency responsible for postal services, while DHL was initially created in 1969 to provide customers with a courier service between San Francisco and Honolulu. Deutsche Post acquired DHL in 2002 to form Deutsche Post DHL. Today, the German firm conducts business in over 220 countries worldwide, operating in the following segments: Post-eCommerce-Parcel, DHL Express, DHL Supply Chain and DHL Global Forwarding / Freight. Deutsche Post DHL is one of the largest logistics companies worldwide.
As it connects suppliers and consumers across the globe, the logistics industry is an essential contributor to global trade. In light of growing globalization, the industry has gone through several innovation processes, including intermodal freight transport, GPS tracking of parcels and automated parcel sorting technologies. By delivering the physical items that were bought online by end-customers and businesses, the courier services sector has emerged as the beneficiary of growing online retail sales. The ongoing shift from retail to e-tail is helping postal services and courier companies to offset the decline in their traditional mail operations. Deutsche Post DHL’s key competitors include United Parcel Service (UPS) and China Railway Group.
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