CAPTION: Germany's Deutsche Post DHL Group changes name to DHL Group. (picture alliance / dpa / Sven Hoppe)
German multinational package delivery and logistics company Deutsche Post DHL Group said on Monday that that it is changing its name to DHL Group as of the beginning of July.
The company said the new name reflects the transformation the group has gone through in the past few years and pays tribute to the focus on its national and international logistics activities as a driver for future growth.
"Over the past decade, the mega trends of globalization, e-commerce, digitalization, and sustainability have had and will continue to have a strong positive effect on our business. They have opened new growth opportunities to us in many areas," said group chief executive Tobias Meyer.
"Today, we are one of the most international companies in the world. The name DHL Group and the use of the DHL logo for the group follows on from the development of our company's business, which outside of Germany almost only ever uses the DHL brand. Meanwhile, within Germany, the DHL brand continues to gain in importance."
Already, over 90% of the group's revenue stems from businesses trading under the DHL brand, including the DHL Parcel business in Germany.
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