DHL Freight wins BMW contract renewal

Deutsche Post AG’s (DPW.XE) DHL Freight unit said Monday that it won a contract extension from BMW AG (BMW.XE) to manage the German premium-car maker’s overland transport in 17 countries.

As part of the renewal, DHL will take on supply-chain management in additional areas for BMW, it said.

The new contract covers the management of about 90,000 shipments a month, DHL said.

Source: Read Full Article