Richard Weiss

Government, Business, Logistics, Top 100

Global Shipment Giant DHL Says Worst Is Over for Trade, Brexit

DHL vehicles Martin Leissl/Bloomberg

The worst may be over for global trade as tensions over Brexit and the U.S.-China relationship show signs of easing, according to John Pearson of DHL Express.

Richard Weiss | Bloomberg News
November 19, 2019
Business, Technology, Autonomous

German Industrial Job Losses Top 80,000 With Daimler Cuts

Mercedes van Mercedes-Benz Vision van by Virginia Mayo/AP

Daimler AG said this week it will shed 10% of management positions at its Mercedes unit, lifting the tally of job cuts announced this year across Germany’s manufacturing sector to more than 80,000.

Richard Weiss | Bloomberg News
November 15, 2019
Business, Government

Deutsche Post Harvests Online-Shopping Boom With Record Profit

Martin Leissl/Bloomberg News

Deutsche Post AG’s third-quarter profit jumped more than threefold to a record as the mail operator shifts to tap booming shipments from Internet shopping and recovered from costs for a failed software project.

Richard Weiss | Bloomberg News
November 8, 2016
Business, Logistics

Deutsche Post Profit Rises Fastest Since Late 2011 on Parcels

Martin Leissl/Bloomberg News

Deutsche Post AG’s quarterly profit jumped at the fastest pace in 4 1/2 years after prices increased and deliveries on behalf of internet-based retailers rose. The stock gained to an eight-month high.

Richard Weiss | Bloomberg News
August 4, 2016
Business, Logistics

Deutsche Post Stands by Growth Targets as Amazon Threat Looms

Nicky Loh/Bloomberg News

Deutsche Post AG stood by profit targets through the end of the decade, dismissing the threat posed by customer Amazon.com's expansion into parcel deliveries.

Richard Weiss | Bloomberg News
May 9, 2016
Business, Logistics

Deutsche Post Profit Plunges 71% on Software-Project Costs

Ralph Orlowski/Bloomberg News

Deutsche Post AG’s third-quarter profit plunged 71% after the German delivery company booked 345 million euros ($372 million) in costs from a failed software project. The shares dropped the most in 2 1/2 months.

Richard Weiss | Bloomberg News
November 12, 2015
Business, Autonomous

Self-Driving Trucks Could Revolutionize Package Delivery, DHL Predicts

Daimler Trucks

While Google Inc. plans to someday unleash driverless cars on public streets, the logistics industry will probably be one of the first training grounds for such automated vehicles.

Richard Weiss | Bloomberg News
December 9, 2014