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Deutsche Post Considers Future for DHL Global Forwarding, Says Reuters

Friday, February 19, 2016

DHL Global Forwarding may be sold or spun off by German parent group Deutsche Post, with Japan Post Holdings a possible buyer, claims news agency Reuters, citing “two people familiar with the matter”.

Deutsche Post and Japan Post, which owns top-20 forwarder Toll Global Forwarding, both declined to comment.

According to Reuters, Deutsche Post is assessing whether to spin off its “ailing” freight forwarding operation or make an outright sale, allowing it to focus on its mail and DHL express freight business.

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