‘Something Has to Give’: DHL CEO Sounds Alarm on Daily Oil Shortfall as Fuel Costs Climb
Yahoo Finance·2026-05-02 03:53
DHL Group reaffirmed its full-year guidance on what the company called a “limited” impact from the Middle East conflict in the first quarter. The logistics giant still anticipates an operating profit above 6.2 billion euros ($7.3 billion) and free cash flow of about 3 billion euros ($3.5 billion). But going forward, DHL CEO Tobias Meyer was quick to flag the concerns created by the effective slowdown of traffic through the Strait of Hormuz, saying during a Thursday earnings call “something has to give at ...