Cargo

DHL reports falling air cargo revenue and volume

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DHL reports falling air cargo revenue and volume

DHL reported a 18.7% year-on-year fall in air freight volume in the first quarter of 2023 (Q1 2023). Airfreight revenues decreased by 39.6% year on year to €1.7bn with profit was down 29.9% to €342m. Overall revenue was down to €20.9bn from €22.6bn in Q1 2022. The German company said a “no...

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