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Business Daily

Business Daily meets: DHL's CEO Tobias Meyer

Business Daily

BBC

News, Business

4.4796 Ratings

🗓️ 12 September 2024

⏱️ 17 minutes

🧾️ Download transcript

Summary

One of the world's biggest logistics firms sits down with us to talk about freight costs, the German economy and his route to success.

DHL employs more than half a million people globally. It was as US-based logistics firm when it started out, but by 2001 was owned by Deutsche Post.

So how is the now German-based company navigating global economic challenges, including political tensions and conflicts?

Produced and presented by Leanna Byrne

(Image: Tobias Meyer. Credit: Getty Images)

Transcript

Click on a timestamp to play from that location

0:00.0

If you had 30 minutes with the boss of one of the world's biggest logistics firms, you might have a few burning questions.

0:08.4

For instance, you might wonder if freight costs are going to drop anytime soon.

0:13.2

And we're still in the process where freight rates normalise.

0:17.5

Or maybe you're curious about the German economy, which isn't exactly firing on all cylinders right now.

0:24.0

We would have hoped for a stronger recovery during this year.

0:27.8

Or perhaps you're wondering if you need to be top on your class from a young age to one day be in charge of a major company like DHL.

0:36.2

The answer might surprise you.

0:38.3

I don't think that I was the keenest student.

0:41.4

Meet Tobias Meyer, the chief executive of DHL Group.

0:44.7

The German company employs more than half a million people across 220 countries and territories.

0:51.5

Chances are you've used DHL's services at some point, whether you realised it or not.

0:57.7

And Tobias is at the helm of it all. I'm Leanna Byrne, and you're listening to Business Daily Meats on the BBC World Service.

1:04.8

This is where we bring you in-depth interviews with people in business across the globe.

1:09.4

Today, we're getting to know Tobias Meyer,

1:11.4

exploring how global political tensions and conflicts

1:14.3

are affecting the movement of goods

1:16.3

and whether this year is any better for global trade.

1:23.6

Before we dive into Tobias' background,

1:26.5

let's talk about DHL itself.

1:29.0

You might not know this, but the company was American when it started out.

1:32.5

Founded in 1969, just months after Neil Armstrong walked on the moon,

1:37.5

three men, Adrian Dalsey, Larry Hilbum, and Robert Lynn set up a logistics firm in San Francisco.

...

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