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DORAL, Fla. - DHL Global Forwarding, the air and ocean freight specialist of DHL Group, announced Tuesday the appointment of Michael Young as CEO for the United States, effective August 1, 2025. Young will succeed Robert Reiter in the position. The appointment comes as DHL, a $51.8 billion market cap company, continues to demonstrate strong financial performance with over $92 billion in revenue over the last twelve months.
Young currently serves as CEO of DHL Global Forwarding UK & Ireland and President of Global Motorsports. He brings more than 30 years of experience within the company, having held senior commercial and leadership roles at country, regional, and global levels.
"His expertise in optimizing processes and enhancing customer relationships will be vital in achieving our Strategy 2030 goals including driving profitable growth, particularly in high-volume segments like eCommerce and SMEs," said Tim Robertson, CEO DHL Global Forwarding, Americas, in a press release statement. The company’s focus on profitable growth is already evident, with InvestingPro data showing net income of $3.65 billion in the last twelve months. For detailed insights and more exclusive financial metrics, investors can access the comprehensive Pro Research Report available on InvestingPro.
Since becoming CEO for the UK and Ireland in 2016, Young has guided the organization through challenges including the Brexit transition. In his role as President of Global Motorsports, he has worked on strengthening DHL’s partnership with Formula 1.
Young also serves as a trustee for the DHL Foundation in the UK, supporting underserved youth with employment opportunities.
"I look forward to working with our talented teams across the U.S. to continue delivering excellence for our customers, driving growth, and contributing to the broader strategic goals of DHL Global Forwarding," Young said.
He will be based in Atlanta, Georgia, reporting directly to Tim Robertson.
In other recent news, Deutsche Post AG reported a 5% increase in earnings for the first quarter of 2025, along with a slight rise in revenue. The company maintained its full-year guidance for 2025, emphasizing a focus on cost control and strategic investments, particularly in life sciences, healthcare, and e-commerce sectors. The firm’s strategic focus and strong performance in divisions like DHL Supply Chain and DHL eCommerce were highlighted during the earnings call. Meanwhile, the UK’s Competition and Markets Authority (CMA) is reviewing the proposed merger between Evri and DHL, assessing its potential impact on competition in the UK market. This merger has drawn regulatory interest due to the significant market presence of both companies in the UK’s parcel delivery and logistics sector. The CMA has invited comments from interested parties but has not yet launched a formal investigation. These developments come amid a complex global supply chain environment and evolving trade policies.
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