{"id":6646,"date":"2019-01-23T22:03:32","date_gmt":"2019-01-23T22:03:32","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/dhl-could-profit-from-no-deal-brexit-says-boss\/"},"modified":"2019-01-23T22:03:32","modified_gmt":"2019-01-23T22:03:32","slug":"dhl-could-profit-from-no-deal-brexit-says-boss","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/dhl-could-profit-from-no-deal-brexit-says-boss\/","title":{"rendered":"DHL could profit from no-deal Brexit, says boss"},"content":{"rendered":"\n<div property=\"articleBody\">\n<figure class=\"media-landscape has-caption full-width lead\"><span class=\"image-and-copyright-container\"><\/p>\n<p>                <img loading=\"lazy\" decoding=\"async\" class=\"js-image-replace\" alt=\"Frank Appel\" src=\"https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/15F18\/production\/_105308898_gettyimages-465839650.jpg\" width=\"976\" height=\"549\"\/><span class=\"off-screen\">Image copyright<\/span><br \/>\n                 <span class=\"story-image-copyright\">Getty Images<\/span><\/p>\n<p>            <\/span><figcaption class=\"media-caption\"><span class=\"off-screen\">Image caption<\/span><br \/>\n                <span class=\"media-caption__text\"><br \/>\n                    Deutsche Post DHL&#8217;s chief executive, Frank Appel, says the firm has prepared for Brexit<br \/>\n                <\/span><br \/>\n            <\/figcaption><\/figure>\n<p class=\"story-body__introduction\">The boss of the world&#8217;s largest logistics firm says that his company could profit from a no-deal Brexit. <\/p>\n<p>Deutsche Post DHL&#8217;s chief executive Frank Appel said in the long run Brexit would not benefit the UK or the EU.<\/p>\n<p>But he said the firm might profit in the short term from the disruption because &#8220;our business is to manage complex situations&#8221;.<\/p>\n<p>DHL, which employs 54,000 people in the UK was &#8220;starting to execute&#8221; plans for a no-deal Brexit, he said.<\/p>\n<p>He added he would prefer not to focus on short term profits when the wider impact would be negative.<\/p>\n<p>Speaking at the World Economic Forum, in Davos, Mr Appel said he did not think a non-negotiated departure from the EU was &#8220;a smart idea&#8221; and he still hoped that an alternative solution would be found.<\/p>\n<p>He confirmed that no UK ministers had been in touch with the firm to talk through its preparedness for Brexit.  <\/p>\n<ul class=\"story-body__unordered-list\">\n<li class=\"story-body__list-item\"><a href=\"https:\/\/bbc.in\/2CF8eqM\" class=\"story-body__link-external\">Full coverage of Davos 2019<\/a><\/li>\n<\/ul>\n<p>Mr Appel also said he believed that trade tensions around the world would dissipate, and that goods and services would continue to move freely across borders.<\/p>\n<p>&#8220;There is no country that ever succeeded by being alone,&#8221; Mr Appel warned. &#8220;The world has become more global&#8221;.<\/p>\n<p>He cited the EU&#8217;s recent trade deal with Japan, arguing that while trade wars make headlines, efforts to reduce regulatory barriers were continuing apace. <\/p>\n<h2 class=\"story-body__crosshead\">Trade stays<\/h2>\n<p>The chief executive of Kuwaiti logistics firm Agility echoed these sentiments.<\/p>\n<p>Tarek Sultan, whose business in the UK has expanded rapidly, told the BBC that &#8220;free trade is here to stay&#8221;. <\/p>\n<p>&#8220;It&#8217;s not going to be reversed by the US government taking a hard line on trade agreements,&#8221; he added.<\/p>\n<p>&#8220;The US China trade situation would only be detrimental to the global economy if it were to continue over the long term, but I don&#8217;t see that happening.&#8221;<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/business-46974591\">Source<\/a> by <a href=\"\">[author_name]<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Image copyright Getty Images Image caption Deutsche Post DHL&#8217;s chief executive, Frank Appel, says the firm has prepared for Brexit The boss of the world&#8217;s largest logistics firm says that his company could profit from a no-deal Brexit. Deutsche Post DHL&#8217;s chief executive Frank Appel said in the long run Brexit would not benefit the &hellip; <\/p>\n","protected":false},"author":0,"featured_media":6647,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/6646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=6646"}],"version-history":[{"count":0,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/6646\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media\/6647"}],"wp:attachment":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=6646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=6646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=6646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}