Daily Archives: May 11, 2017

Deutsche Post DHL Group remains on course for growth

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05/11/2017 – Deutsche Post DHL Group, the world’s leading mail and logistics company, increased revenue significantly in the first quarter of 2017 and posted a further improvement in operating profit. Group revenue climbed by more than EUR 1 billion to EUR 14.9 billion. All four divisions contributed to the strong growth. Volumes and revenue saw substantial growth in particular in the German and international Parcel and eCommerce businesses as well as the global Express business. With Group EBIT of EUR 885 million, Deutsche Post DHL Group surpassed the good prior-year result and registered the strongest first quarter in the company’s history¹.

“Following a record year in 2016, the upward trend has continued at Deutsche Post DHL Group this year. We reported growth in all four divisions in the first quarter: Our strategy is working, and we are confident that we will achieve our targets for 2017,” said Frank Appel, CEO, Deutsche Post DHL Group.

Read more at dhl.com

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BIS Requests Comments on Section 232 National Security Investigation of Steel Imports

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In a Federal Register notice published on April 26, 2017 the Bureau of Industry and Security (BIS) is requesting trade comments, data, analyses, or other relevant information on the import of steel and possible effects to national security.

BIS is requesting input related to the following topics:

  • “Quality of steel or other circumstances related to the importation of steel
  • Domestic production and productive capacity needed for steel to meet projected national defense requirements
  • Growth requirements of the steel industry to meet national defense requirements and/or requirements to assure such growth
  • The impact of foreign competition on the economic welfare of the steel industry
  • Relevant factors that are causing or will cause a weakening of our national economy
  • Any other relevant factors”

Comments must be submitted by May 31, 2017

Read more at expeditors.com

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FDA Provides Updated Fact Sheet on FSVP

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On May 11, 2017 the U.S. Food and Drug Administration (FDA) issued a constituent update announcing the FDA website has been updated along with additional fact sheets to provide additional information in regards to the Food Safety Program (FSVP).

According to the notice the FSVP, “makes them [importers] responsible for verifying that food imported into the United States has been produced in a manner that meets applicable U.S. safety standards.”

Read more at expeditors.com

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