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The
company
DHL
itself
was
founded
in San
Francisco,
United
States,
in
1969
and
expanded
its
service
throughout
the
world
by
the
late
1970s.
In
1979,
under
the
name
of DHL
Air
Cargo,
the
company
entered
the Hawaiian
islands with
an
inter-island
cargo
service
using
two DC-3 and
four DC-6 aircraft. Adrian
Dalsey and Larry
Hillblom personally
oversaw
the
daily
operations
until
its
eventual
bankruptcy
closed
the
doors
in
1983.
At
its
peak, DHL
Air
Cargo employed
just
over
100
workers,
management
and
pilots.
The
company
was
primarily
interested
in
offshore
and
intercontinental
deliveries,
but
the
success
of FedEx prompted
DHL's
own
domestic
(intra-US)
expansion
starting
in
1983.
In
1998,
Deutsche
Post
began
to
acquire
shares
in
DHL.
It
reached
controlling
interest
in
2001,
and
acquired
all
outstanding
shares
by
December
2002.[9]Â The
company
then
absorbed
DHL
into
its
Express
division,
while
expanding
the
use
of
the
DHL
brand
to
other
Deutsche
Post
divisions,
business
units,
and
subsidiaries.
Today,
DHL
Express
shares
its
DHL
brand
with
business
units
such
as DHL
Global
Forwarding and DHL
Supply
Chain.[10]Â It
gained
a
foothold
in
the
United
States
when
it
acquired Airborne
Express.
The
DHL
Express
financial
results
are
published
in
the
Deutsche
Post
AG
annual
report.[10]Â In
2016,
this
division's
revenue
increased
by
2.7%
to
âŹ14
billion.[11] The earnings
before
interest
and
taxes (EBIT)
increased
by
11.3%
over
2015
to
âŹ1.5
billion.[12]
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