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DHL Express
DHL is an American founded, German logistics company providing courier, package delivery and express mail service, which is a division of the German logistics firm Deutsche Post. The company group delivers over 1.8 billion parcels per year. DHL Express is market leader for parcel services in Europe and Germany's main Courier and Parcel Service. The company DHL itself was founded in San Francisco, United States, in 1969 and expanded its service throughout the world by the late 1970s. In 1979, under the name of ''DHL Air Cargo'', the company entered the Hawaiian islands with an inter-island cargo service using two DC-3 and four DC-6 aircraft. Adrian Dalsey and Larry Hillblom personally oversaw the daily operations until its eventual bankruptcy closed the doors in 1983. At its peak, ''DHL Air Cargo'' employed just over 100 workers, management and pilots. The company was primarily interested in offshore and intercontinental deliveries, but the success of FedEx prompted DHL' ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct legal entities for the purposes of tax A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or n ...ation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally ...
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DHL Subsidiary On Deutsche Post Premises Steinfurt
DHL is an American founded, German logistics company providing courier, package delivery and express mail service, which is a division of the German logistics firm Deutsche Post. The company group delivers over 1.8 billion parcels per year. DHL Express is market leader for parcel services in Europe and Germany's main Courier and Parcel Service. The company DHL itself was founded in San Francisco, United States, in 1969 and expanded its service throughout the world by the late 1970s. In 1979, under the name of ''DHL Air Cargo'', the company entered the Hawaiian islands with an inter-island cargo service using two DC-3 and four DC-6 aircraft. Adrian Dalsey and Larry Hillblom personally oversaw the daily operations until its eventual bankruptcy closed the doors in 1983. At its peak, ''DHL Air Cargo'' employed just over 100 workers, management and pilots. The company was primarily interested in offshore and intercontinental deliveries, but the success of FedEx prompted DHL's ...
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Earnings Before Interest And Taxes
In accounting and finance, earnings before interest and taxes (EBIT) is a measure of a firm's profit that includes all incomes and expenses (operating and non-operating) except interest expenses and income tax expenses. Operating income and operating profit are sometimes used as a synonym for EBIT when a firm does not have non-operating income and non-operating expenses. Formula *EBIT = (net income) + interest + taxes = EBITDA – (depreciation and amortization expenses) *operating income = ( gross income) – OPEX = EBIT – (non-operating profit) + (non-operating expenses) where *EBITDA = earnings before interest, taxes, depreciation, and amortization *OPEX = operating expense Overview A professional investor contemplating a change to the capital structure of a firm (e.g., through a leveraged buyout) first evaluates a firm's fundamental earnings potential (reflected by earnings before interest, taxes, depreciation and amortization ( EBITDA) and EBIT), and then determin ...
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Airborne Express
Airborne Express was an express delivery company and cargo airline. Headquartered in Seattle, Washington, its hub was in Wilmington, Ohio. Airborne was founded as the Airborne Flower Traffic Association of California in 1946 to fly flowers from Hawaii to the US Mainland. Airborne Express Inc. was acquired by DHL in 2003. Prior to the acquisition, it rose to be the third largest private express delivery company in the United States, behind Federal Express (FedEx Express) and United Parcel Service (UPS). History Growth during Airborne's first 22 years was slow. Progress came slowly and competition was stiff. But in 1968, the airline known as Airbourne Freight Company, started going through some changes. The company Air Cargo Equipment Corporation developed and patented a special narrow container, known in the industry later as the "C" container (referring to its C shape), which allowed the more efficient use of space within large jet aircraft. The containers also eliminated th ...
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DHL Supply Chain
DHL Supply Chain is a division of Deutsche Post DHL and is affiliated with DHL. Headquartered in Bonn, Deutsche Post has 510,000 employees. In 2016, DHL Supply Chain was primarily competing in strategic life sciences and healthcare, automotive and technology sectors of the market. The automotive sector, with its Lead Logistics Provider (LLP) service, has been shifting to China, India and Mexico as those countries become significant vehicle and parts manufacturers. In Canadian and USA markets DHL Supply Chain operated under the name Exel until January 2016. In 2016, the DHL Supply Chain division's revenue decreased by 11.6% to €14.0 billion versus 2015, but operating profit improved by 27.4% to €572 million. History * 1969 – DHL Express, DHL founded by Adrian Dalsey, Larry Hillblom and Robert Lynn in San Francisco. * 1971 – DHL expands its Express network rapidly and becomes a trusted partner of many companies. Expansion into the Far East and Pacific Rim. * 1972 – S ...
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DHL Global Forwarding
DHL Global Forwarding, formerly known as DHL Danzas Air & Ocean, 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. The Forwarding division carries goods by rail, road, air and sea under the DHL brand and includes the DHL Freight operation which runs a ground-based freight network covering Europe, Russia and traffic into the Middle East. In 2016, this division's revenue declined by 7.7 percent to €13.7 billion but earnings before interest and taxes (EBIT) improved from -€181 million in 2015 to +€287 million. History Danzas was founded in 1815 and was originally based in Saint-Louis, Alsace, France. Louis Danzas fought at Waterloo for Napoleon. After that battle, he joined a transport company owned by Michel l'Eveque and by 1840 became joint owner. Th ...
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FedEx
FedEx Corporation, formerly Federal Express Corporation and later FDX Corporation, is an American multinational conglomerate holding company focused on transportation, e-commerce and business services based in Memphis, Tennessee. The name "FedEx" is a syllabic abbreviation of the name of the company's original air division, Federal Express, which was used from 1973 until 2000. FedEx today is best known for its air delivery service, FedEx Express, which was one of the first major shipping companies to offer overnight delivery as a flagship service. Since then, FedEx also started FedEx Ground, FedEx Office (originally known as Kinko's), FedEx Supply Chain, FedEx Freight, and various other services across multiple subsidiaries, often meant to respond to its main competitor, UPS. FedEx is also one of the top contractors of the US government and assists in the transport of some United States Postal Service packages through their Air Cargo Network contract. FedEx's prominence in b ...
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DC-6
The Douglas DC-6 is a piston-powered airliner and cargo aircraft built by the Douglas Aircraft Company from 1946 to 1958. Originally intended as a military transport near the end of World War II, it was reworked after the war to compete with the Lockheed Constellation in the long-range commercial transport market. More than 700 were built and many still fly in cargo, military, and wildfire control roles. The DC-6 was known as the C-118 Liftmaster in United States Air Force service and as the R6D in United States Navy service prior to 1962, after which all U.S. Navy variants were also designated as the C-118. Design and development The United States Army Air Forces commissioned the DC-6 project as the XC-112 in 1944. The Army Air Forces wanted a lengthened, pressurized version of the DC-4-based C-54 Skymaster transport with more powerful engines. By the time the prototype XC-112A flew on 15 February 1946, the war was over, the USAAF had rescinded its requirement, and the aircra ...
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DC-3
The Douglas DC-3 is a propeller-driven airliner manufactured by Douglas Aircraft Company, which had a lasting effect on the airline industry in the 1930s to 1940s and World War II. It was developed as a larger, improved 14-bed sleeper version of the Douglas DC-2. It is a low-wing metal monoplane with conventional landing gear, powered by two radial piston engines of . (Although most DC-3s flying today use Pratt & Whitney R-1830 Twin Wasp engines, many DC-3s built for civil service originally had the Wright R-1820 Cyclone.) The DC-3 has a cruising speed of , a capacity of 21 to 32 passengers or 6,000 lbs (2,700 kg) of cargo, and a range of , and can operate from short runways. The DC-3 had many exceptional qualities compared to previous aircraft. It was fast, had a good range, was more reliable, and carried passengers in greater comfort. Before the war, it pioneered many air travel routes. It was able to cross the continental United States from New York to Los Ang ...
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Hawaiian Islands
The Hawaiian Islands ( haw, Nā Mokupuni o Hawai‘i) are an archipelago of eight major islands, several atolls, and numerous smaller islets in the North Pacific Ocean, extending some from the island of Hawaii in the south to northernmost Kure Atoll. Formerly the group was known to Europeans and Americans as the Sandwich Islands, a name that James Cook chose in honor of the 4th Earl of Sandwich, the then First Lord of the Admiralty. Cook came across the islands by chance when crossing the Pacific Ocean on his Third Voyage in 1778, on board HMS ''Resolution''; he was later killed on the islands on a return visit. The contemporary name of the islands, dating from the 1840s, is derived from the name of the largest island, Hawaii Island. Hawaii sits on the Pacific Plate and is the only U.S. state that is not geographically connected to North America. It is part of the Polynesia subregion of Oceania. The state of Hawaii occupies the archipelago almost in its entirety (includin ...
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