Logistics Focus: DHL Supply Chain
DHL Supply Chain, founded in 1969 by Adrian Dalsey, Larry Hillblom and Robert Lynn, is a leading logistics company that provides innovative solutions for businesses.
DHL operates in over 220 countries and territories, delivering 1.5bn parcels a day as well as providing specialist and innovative solutions for complex logistic challenges for events.
Through innovative technology and passionate experts DHL’s 2020 strategy aims to create economic, social and environmental value for its stakeholders and the planet under its corporate social responsibility (CSR) - “Living Responsibility”.
To date DHL has implemented three initiatives to create economic social and environmental value:
- GoGreen – aiming to lead the way towards a greener and more sustainable future.
- GoHelp – providing the united nations (UN) with skilled and efficient disaster management support.
- GoTeach – aiming to improve education and future opportunities for young people.
With the importance of sustainability continuing to grow, DHL aims to keep sustainable practice at the forefront of its operations. Between now and 2050, DHL has set science-based targets to reduce its emission, with a vision for the future to be a benchmark for responsible business practices. “From now until 2050, our mission will be to drive our business toward zero emissions logistic. We are setting the standard for the future of the transport sector and doing our part to help the world community reach its goal of limiting global warming to less than two degrees Celsius" said CEO, Deutsche Post DHL Group, DR. Frank Appel.
This dynamic, global supply chain is renowned for its innovative thinkers, makers and pioneers that constantly challenge what is possible. The company’s latest project includes collaborations with Airbus Defence and Space to develop Astrobotic’s lunar delivery services.
DHL will provide logistic services for the spacecraft and its customer payloads, ensuring that all materials for the lunar lander and the ‘space freight’ arrive safely and on time.
Did you know?
DHL Supply Chain has 380,000 employees, 98,478 vehicles, 7,800 e-bikes and a revenue of €61.5bn (US467.5bn) – 2018.
Image Source: Deutsche Post AG - DHL Media Centre
Uber Freight to Acquire Transplace in $2.2bn Deal
Uber Freight is to acquire logistics technology and solutions provider Transplace in a deal worth $2.25bn.
The company will pay up to $750m in common stock and the remainder in cash to TPG Capital, Transplace’s private equity owner, pending regulatory approval and closing conditions.
“This is a significant step forward, not just for Uber Freight but for the entire logistics ecosystem,” said Lior Ron, Head of Uber Freight, and former founder of the Uber-owned trucking start-up Otto.
Uber’s Big Play for Supply Chain
Transplace is one of the world's largest managed transportation and logistics networks, with 62,000 unique users on its platform and $11bn in freight under management. It offers truck brokerage and other capacity solutions, end-to-end visibility on cross border shipments, and a suite of digital solutions and consultancy services.
The purchase is the latest move by parent company Uber, which launched as a San Francisco cab-hailing app in 2011, to diversify its offering and create new revenue streams in all transport segments.
Transplace said the takeover comes amid a period of “accelerated transformation in logistics”, where globalisation, shipping and transport disruption, and widespread volatility are colliding.
Uber Freight plans to integrate the Transplace network into its own platform, which connects shippers and carriers in a dashboard that mirroring the intuitive experience found in its consumer vehicle booking and food ordering services.
“This is an opportunity to bring together complementary best-in-class technology solutions and operational excellence from two premier companies to create an industry-first shipper-to-carrier platform that will transform shippers’ entire supply chains, delivering operational resilience and reducing costs at a time when it matters most,” said Ron.
Frank McGuigan, CEO of Transplace, said the resulting merger will offer enhanced efficiency and transparency for shippers, and benefits of scale for carriers. “All in all, we expect to significantly reduce shipper and carrier empty miles to the benefit of highway and road infrastructures and the environment,” he added.
History of Uber Freight
Uber Freight was established in 2017 and separated into its own business unit the following year. In 2019 the company had expanded across the entire continental US, established a headquarters in Chicago. Later that year it launched its first international division in Europe, initially from a regional foothold in the Nertherlands, and later moving into Germany.
The logistics spinoff attracted a $500m investment from New York-based Greenbriar Equity Group in October 2020, and launched a new shipping platform for companies of all sizes in May, partly in response to a driver shortage in Canada.