Duesseldorf (Reuters) - Deutsche Post DHL (DE:DPWGn) is not yet seeing any impact on its freight business from global trade tensions, an executive told Reuters in an interview.
"A trade war between the EU and the U.S. would not be good for anyone, a dispute between the U.S. and China would also be bad. But until now we have not seen any effect from the debate on trade restrictions," Tim Scharwath, head of the group's global forwarding and freight division, said.
His comments echo those of Lufthansa's (DE:LHAG) air freight arm, Lufthansa Cargo, which saw profits jump last year and said it was optimistic for 2018.