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DHL also operates a separate parcel service targeting the German consumer market in conjunction with Deutsche Post. The company DHL itself was founded in San Francisco, United States in 1969 and expanded its service throughout the world by the late 1970s. DHL is an initialism of the surnames of the original company's founders. [7]
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.
1986 – DHL enters into a joint venture with the People's Republic of China and becomes the first express company active in China. 1990 – DHL enters into strategic alliances with Lufthansa, Japan Airlines and Nissho Iwai. 1991 – DHL becomes the first international express company to restart service to Kuwait after the Gulf War.
China COSCO Shipping Corporation Limited (branded as COSCO Shipping) is a Chinese state-owned multinational marine transportation service conglomerate, headquartered in Shanghai. [3] It was established in January 2016 by the merger between China Ocean Shipping Company and China Shipping Group Company .
The company was founded in 1972 as a shipping line, but has historical links through its merger with the China Merchants Steam Navigation Company (1872–1995), which dates back to the Qing Dynasty. Yang Ming currently operates 101 container ships up to 14,000 twenty-foot equivalent units (TEU) and 17 bulk carriers .
Lockdowns in China are having greater impact on global supply chains than the war in Ukraine and will be felt even after they are lifted, said the head of Deutsche Post DHL Group's freight business.
China Shipping Group Company was a former shipping corporation from 1997 to 2016, owned by the State Council of China. The company merged with China Ocean Shipping Company to form China COSCO Shipping Corporation in January 2016. China Shipping Group was mainly engaged in shipping of oil tankers, passenger ships and container vessels.
The company began to use air transport in 1920 between France, and England, and opened its own freight terminal in Paris in 1962. In 2000, Deutsche Post World Net acquired Danzas. [4] When Deutsche Post AG acquired 100% of DHL in 2002, it fully integrated Danzas, DHL and EuroExpress under the DHL brand, thus renaming Danzas to DHL Danzas Air ...