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DHL (originally named after Dalsey, Hillblom and Lynn) 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 Global Forwarding, formerly known as DHL Danzas Air & Ocean, [1] is a division of Deutsche Post DHL providing air and ocean freight forwarding services. It also plans and undertakes major logistics projects under the brand name DHL Industrial Projects. Together with DHL Freight, it forms Deutsche Post's Freight/Forwarding department.
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.
DHL Supply Chain was the global market leader in contract logistics with a market share of 8.3% (2010). In this highly fragmented market, the top ten players account for only about 23% of the overall market, the size of which is estimated to be €147 billion.
The company was known as German Parcel when it was founded in 1989 by Rico Back, formed by bringing together twenty-five freight forwarders. [2] Ten years later it was acquired by Royal Mail Group, which used it to form a new holding company: Global Logistics Systems (GLS).
In August 2004, Exel plc acquired Tibbett & Britten, a leading contract logistics business based in the United Kingdom, for $710m. [4] On 14 December 2005, Deutsche Post announced the completion of the acquisition of Exel plc. [5] In January 2016, Exel (North America) changed its name to DHL Supply Chain: North America. [6]
Its main base is Cincinnati/Northern Kentucky International Airport, with hubs at Los Angeles International Airport, Hong Kong International Airport, Narita International Airport and Incheon International Airport near Seoul, South Korea. [3] Polar's parent company is Atlas Air Worldwide Holdings and DHL has a 49% equity interest in the airline.
A freight forwarder or forwarding agent is a person or a company who co-ordinates and organizes the movement of shipments on behalf of a shipper (party that arranges an item for shipment) by liaising with carriers (party that transports goods).