DHL 三季度增长不再只靠 Express，Global Forwarding 表现亮眼
DHL’s growth broadening beyond Express – Global Forwarding sparkles
DHL 三季度增长来源正在从 Express 扩散，Express 仍贡献集团约 60% 利润，但 Global Forwarding 在运力紧张的市场中抢下空运货量的速度快于主要竞争对手。Supply Chain 今年新签合同增长 42%，数据中心是增长板块之一。随着空运运力紧张缓解，这部分增长动能能否延续仍是未知数。
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By Lawrence Lim
5 November 2026
With the headline numbers pre-released three weeks ago, the full third-quarter report matters most for where DHL’s growth is coming from. Express still earns about 60% of group profit, but forwarding is winning air freight faster than its main rivals in a tight market, and Supply Chain’s new contracts are up 42% this year, with data centres among its growth sectors. The open question is how much of the momentum survives as tight air capacity eases, a tailwind that ...
来源：The Loadstar · theloadstar.com